KKR (KKR) and Equitix received approval from the European Commission for the creation of a joint venture, the regulator said Tuesday.
The Commission said it cleared the transaction under the EU Merger Regulation following a simplified merger review procedure.
The transaction primarily relates to the markets for resource recovery, waste management and plastic recycling.
The Commission said the notified transaction would not raise competition concerns, as the companies are not active in the same or vertically related markets.
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