Brussels, 8 August 2024
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of FGP Topco Limited of the UK, by Ardian France S.A. of France and Qatar Holding LLC of Qatar. FGP Topco Limited owns and manages Heathrow Airport in the UK.
The transaction relates primarily to the air transport sector.
The Commission concluded that the notified transaction would not raise competition concerns, given the limited impact on the European Economic Area (‘EEA’), as FGP Topco Limited has no current or expected turnover in the EEA. The notified transaction was examined under the simplified merger review procedure.
More information is available on the Commission’s competition website, in the public case register under the case number M.11651.