Brussels, 9 February 2024
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Kiinteistö Oy Viinikankaski 1 (‘Kiinsteistö’) of Finland by Massachusetts Mutual Life Insurance Company (‘MassMutual’) of the US and Mubadala Investment Company PJSC (‘Mubadala’) of the United Arab Emirates.
The transaction relates primarily to the sector of logistics warehouse in Finland.
The Commission concluded that the notified transaction would not raise competition concerns, given the companies’ limited market positions resulting from the proposed transaction. 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.11403.
Source – EU Commission