The European Commission has cleared Cinven’s proposed acquisition of George Topco (CPA). Cinven is a private equity fund; CPA is a Jersey company active in patent renewal services related to intellectual property rights. The Commission found no overlap between CPA’s activities and any of the companies in Cinven’s portfolio, although some companies do have IP rights that require periodic renewal. Furthermore, the Commission found that the vertical relationships created by the deal were unlikely to be anticompetitive.
Full content: EC Press Release
Related content: Efficiency Gains from Mergers
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