EU: Commission clears the acquisition of joint control over Norled by CapMan and CBRE
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Norled of Norway by CapMan AIFM Oy of Finland and CBRE Caledon Capital Management of Canada.
Norled is a provider of ferry and express boat services in Norway. CapMan is the manager of the investment fund CapMan Nordic Infrastructure established in Luxembourg and part of CapMan Group, a private assets management and investment company headquartered in Finland.
CBRE Caledon is an indirect subsidiary of CBRE Group, a commercial real estate services and investment firm headquartered in the US. It controls the investment fund CBRE Caledon Noah Aggregator.
The Commission concluded that the proposed acquisition would raise no competition concerns, because of the limited impact on the sea and coastal passenger water transport sector. The transaction was examined under the simplified merger review procedure.
Full Content: Europa
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
EU Regulators Set to Clear Microsoft’s $13B OpenAI Investment
Apr 17, 2024 by
CPI
Biden Pledges to Block US Steel Acquisition by Japanese Firm
Apr 17, 2024 by
CPI
Canada Targets Tech Titans with New Digital Tax in 2024
Apr 17, 2024 by
CPI
EU Privacy Watchdog Calls for Meta to Offer Ad-Free Option
Apr 17, 2024 by
CPI
Japan’s Antitrust Overhaul Targets Tech Titans Like Apple
Apr 17, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – China Edition – Year of the Dragon
Apr 16, 2024 by
CPI
Review Logic and Rules for Concentrations of Undertakings that Do Not Meet the Standard of Notification
Apr 16, 2024 by
CPI
China’s Review of Semiconductor Transactions
Apr 16, 2024 by
CPI
Key Challenges and Tips for Merger Control Filing in China for Listed Companies
Apr 16, 2024 by
CPI
Key Point Review: China SPC Antitrust Judgments in 2023
Apr 16, 2024 by
CPI