The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Airport Holding Tanácsadó Korlátolt Felelosségu Társaság (Budapest Airport Holding) by Corvinus Nemzetközi Befektetési Zártköruen Muködo Részvénytársaság (Corvinus), both based in Hungary, and Vinci Airports, based in France.

The transaction mainly concerns the airport management and operation sector.

The Commission concluded that the proposed concentration would not raise competition concerns, given that the parties are not present on the same or vertically related markets.

Copyright (c) 2023 CercleFinance.com. All rights reserved.