European Commission
Commission clears acquisition of FGP Topco Limited by Ardian France S.A. and Qatar Holding LLC
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of FGP Topco Limited of the UK, by Ardian France S.A. of France and Qatar Holding LLC of Qatar. FGP Topco Limited owns and manages Heathrow Airport in the UK.
The transaction relates primarily to the air transport sector.
The Commission concluded that the notified transaction would not raise competition concerns, given the limited impact on the European Economic Area (‘EEA'), as FGP Topco Limited has no current or expected turnover in the EEA. The notified transaction was examined under the simplified merger review procedure.
More information is available on the Commission's competition website, in the public case register under the case number M.11651.
Share this article:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.
-
Kazakhstan4 days agoKazakhstan cuts water use by 874 mln m³ through new technologies
-
General4 days agoSerbia’s business environment is driving its integration into the EU
-
Belgium4 days agoRecord breaking Belgian sailors making more waves
-
Brexit4 days agoMessage to Kemi Badenoch: 'Make a splash by thinking out-of-the-box on UK-Europe relationship'
