The European Commission has approved four mergers, including deals involving CapVest, SK Capital, CPP Investments, I Squared, Blackstone and EQT, under the EU Merger Regulation.
CapVest Partners, a UK firm, has been cleared to acquire sole control of TSG Solutions Group, a French company that provides energy infrastructure and mobility solutions, the Commission informed on Wednesday.
According to a report by Bloomberg, the deal is worth €1.8 billion.
US private investment firm S.K. Capital has also been cleared to take sole control of Swixx Biopharma, a Swiss group that commercialises and distributes finished-dose medicines for third-party pharmaceutical companies.
The deal is worth €1.5 billion, according to BusinessWire.
Limited impact in Europe
CPP Investments — the Canada Pension Plan Investment Board — and US investment firm I Squared Capital Advisors have been approved to take joint control of three Peruvian electricity companies: Inkia Americas, Kallpa Generación and Orazul Energy Perú, the Commission said, adding that the deal had a limited impact on the European Economic Area.
In a separate decision, the Commission cleared Blackstone and EQT Fund Management to take joint control of Spanish waste management company Urbaser, which is active in waste collection, management and treatment.
The Commission said it found no competition concerns in the four cases, with several examined under its simplified merger review procedure.
