The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Mainova WebHouse GmbH (“Mainova WebHouse”) by Mainova AG (”Mainova”), both of Germany, and by BlackRock Inc. of the US. Mainova WebHouse is currently solely controlled by Mainova.
The transaction relates primarily to the planning, construction and operation of data centres in the Frankfurt region in Germany.
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.11624.
Source – EU Commission