(1) Dr. Wolfgang Porsche Holding GmbH (Wph) (2) Ferdinand Porsche Familien-Holding GmbH (Fpfh)
A compact analysis
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SUMMARY OF THE PROPOSED COMBINATION
(Under Regulation 13 (1A) of the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011)
1. Names of the parties to the proposed combination:
- (a) Dr. Wolfgang Porsche Holding GmbH ( WPH )
- (b) Ferdinand Porsche Familien-Holding GmbH ( FPFH )
WPH and FPFH are hereinafter collectively referred to as the Parties .
2. Nature and purpose of the proposed combination:
- (a) This filing relates to an internal reorganisation of the holding companies ultimately owned and controlled by the members of the same family. It is a mere simplification of the holding pattern of certain family owned entities and involves no change in ultimate control over the entities below the merged entity.
- (b) This internal reorganisation would be implemented by way of a merger of FPFH with WPH, with WPH being the surviving entity (the Proposed Transaction ).
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