Blackstone: EU approves purchase of Air Control Concepts

(CercleFinance.com) - The European Commission has cleared the acquisition of joint control of Air Control Concepts Holdings, L.
P. by Blackstone Inc. and Madison Dearborn Partners.

The transaction focuses on the manufacture and supply of heating, cooling and engineering solutions.

The Commission concluded that the notified transaction would not raise competition concerns, given its limited impact on the European Economic Area.


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