TPG: EU clears acquisition of Aareon
(CercleFinance.com) - The European Commission has cleared the acquisition of sole control of Aareon AG ('Aareon') by TPG Inc.
('TPG'), both from the US.
The transaction mainly concerns the information technology sector, and in particular enterprise resource planning systems in the real estate sector.
The Commission concluded that the notified transaction would not give rise to competition concerns, given the limited combined market positions of the companies resulting from the proposed transaction.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
('TPG'), both from the US.
The transaction mainly concerns the information technology sector, and in particular enterprise resource planning systems in the real estate sector.
The Commission concluded that the notified transaction would not give rise to competition concerns, given the limited combined market positions of the companies resulting from the proposed transaction.
Copyright (c) 2024 CercleFinance.com. All rights reserved.