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EU: Comm clears acquisition of Crayon by OEP

 |  November 6, 2018

The European Commission has approved, under the EU Merger Regulation, the acquisition of Crayon Group Holding ASA (“Crayon”) of Norway by One Equity Partners of the US.

Crayon is active in software licensing and IT consulting services. One Equity Partners is a private equity funds management company.

The Commission concluded that the proposed acquisition would raise no competition concerns, because of the absence of significant horizontal overlaps or vertical links between the companies.

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