EDF: EU approves joint acquisition of OnTower Austria

(CercleFinance.com) - The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of OnTower Austria, based in Austria, by EDF and Vauban Infrastructure Partners, both based in France.


The transaction mainly concerns the telecommunications sector in Austria.

The Commission concluded that the proposed concentration would not raise competition concerns, given that the companies are not present on the same or vertically related markets.


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