30/11/2021  ore 10:48   
   Chi siamo  |  Parlano di noi  |  
 HOME |  PRIMO PIANO |  Economia |  Convegni corsi |  Sport |  Eventi |  Promo
 
Mergers: Commission clears acquisition of joint control of Astoria I and II by APG, CalSTRS and Munich Re  

22/04/2020 | Economia |  Daily News 20 / 04 / 2020

Source: European Commission Spokesperson's Service  



The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Astoria Project Partners LLC ("Astoria I") and Astoria Project Partners II LLC ("Astoria II"), both of the U.S., by a consortium consisting of California State Teachers Retirement System ("CalSTRS") also of the U.S., Stichting Pensionfonds ABP ("APG") of the Netherlands and Münchener Rückversicherungs Gesellschaft Aktiengesellschaft ("Munich Re") of Germany. Astoria I and II's sole business activities relate to the holding of two gas fueled, combined-cycle power plants, located in New York, U.S. CalSTRS is a passive equity investor providing retirement, disability and survivor benefits to California's public school educators. APG provides financial services such as executive consultancy, asset management, pension administration, pension communication and employers services on behalf of pension funds and employers in a variety of sectors. Munich Re is an international insurance company covering the entire value chain of reinsurance, primary insurance and insurance-ancillary risk solutions. The Commission concluded that the proposed acquisition would raise no competition concerns given that Astoria I and II have no actual or foreseen activities within the European Economic Area. The operation was examined under the simplified merger review procedure. More information will be available on the Commission's competition website, in the public case register under the case number M.9766.

« Indietro   
Tag clouds
acquisition Project activities CalSTRS case European pension retirement services Astoria Commission employers Merger public under California competition insurance Munich Partners that
Ultime news - tutte le categorie
Economia
  Industria Padova Treviso - La spinta da export e investimenti. Produzione avanza del +13%, sopra i livelli pre-covid
29 novembre 2021
Convegni e corsi
  Il Mercato Elettronico della Pubblica Amministrazione (MePA)
26 novembre 2021
Sport
  Tra i 500 del Cross Csi di Sedico De Nard e Dal Ri
19 novembre 2021
Eventi
  Premio - Innovazione sociale e sviluppo sostenibile - terza edizione | Presentazione domande: dal 3 Gennaio al 1° Marzo 2022
29 novembre 2021
Promozione
  Incontra l''azienda Copy Solutions Srl e i suoi prodotti. Venetodotcom: comunicato di benvenuto!
25 novembre 2021