Blackstone: EU clears Allied Benefit Systems transaction

(CercleFinance.com) - The European Commission has approved the acquisition of joint control of Allied Benefit Systems by Blackstone and Stone Point Capital.


The transaction mainly concerns the administration of group health benefits for self-insured employers in the United States.

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


Copyright (c) 2024 CercleFinance.com. All rights reserved.