DigitalBridge's (DBRG) DigitalBridge Acquisitions and Aberdeen's abrdn Investments on Monday received European Commission approval to acquire joint control of EQUANS Infra & Mobility under the EU Merger Regulation.
The transaction mainly relates to electric vehicle charging infrastructure in the Netherlands, the Commission said.
The deal does not raise competition concerns because the companies are not active in the same or vertically related markets, the Commission said, adding that the case was reviewed under the EU's simplified merger procedure, which applies to transactions unlikely to affect competition.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments