Mergers: Commission clears creation of joint venture by KKCG and Rockaway

Daily News 26 / 09/ 2023

News Europa - pubblicata il 27 Settembre 2023

Source: European Commission Spokesperson’s Service



The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture by KKCG and Rockaway, all of Czechia.

The transaction relates primarily to the sector of real estate development.

The Commission concluded that the notified transaction would not raise competition concerns, given the limited impact on the European Economic Area and that the companies are not active in the same or vertically related markets. 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.11037.

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