| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/09/1346 (22.9.09) |
| Publication Date | 22/09/2009 |
| Content Type | News |
|
The European Commission cleared under the EU Merger Regulation the proposed acquisition of Barclays Global Investors UK Holdings Limited, a business division of the UK-based Barclays group, by BlackRock, Inc., based in the US. Both companies are global asset managers. After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it. |
|
| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/09/1346&format=HTML&aged=0&language=EN&guiLanguage=en |
| Subject Categories | Internal Markets |
| Countries / Regions | Europe |