Brussels, 6 December 2023
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Landmark Dividend LLC (‘Landmark’) of the US by Platinum Compass B 2018 RSC Limited (‘Platinum Compass’) of the United Arab Emirates and DigitalBridge Group, Inc. (‘DigitalBridge’) of the US.
The transaction relates primarily to the real estate sector associated with digital infrastructure.
The Commission concluded that the notified transaction would not raise competition concerns, given that Landmark has negligible activities in the European Economic Area. 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.11312.
Source – EU Commission