Mergers: Commission clears acquisition of sole control over M7 by Oxford Properties

Daily News 24 / 08 / 2021


Economia - pubblicata il 26 Agosto 2021


https://www.trevisobellunosystem.com/tvsys/img/notizie/eu_commissione_europea.jpg

Source: European Commission Spokesperson’s Service

The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control over M7 Real Estate Ltd. (‘M7’) by Oxford Properties Management (UK) Limited
(‘Oxford Properties’)
, both of the UK. M7 is an investment asset manager focussing on the real estate sector. Oxford Properties is part of the Oxford Properties Group of Canada, which is
active in the ownership, development and managing of real estate assets.

The Oxford Properties Group is the real estate arm of OMERS Administration Corporation of Canada, the administrator of the Ontario Municipal Employees Retirement System Primary Pension Plan and
trustee of the pension funds. The Commission concluded that the proposed acquisition would raise no competition concerns, because of the limited impact it would have on the market. The
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.10307

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