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Anjum Shabbir
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21st February 2020
Competition & State Aid

Commission’s approvals of mergers earlier this week

The Commission, on 19 February 2020, published approval of the following mergers and acquisitions.

AccorInvest and Accord can acquire joint control over Hotel Portfolio

The hotel portfolio in question consists of 73 hotels properties including luxury, upscale, upper midscale and economy class hotels and business, in various Member States. The Commission has approved, under the Merger Regulation, the acquisition of joint control over this hotel portfolioi by AccorInvest S.A. (a Luxembourgish investment company active in the business of owning and operating hotel properties and business), and Accor (a French hotel group which is mainly active in the managing and franchising of hotels).

The Commission’s decision was bas

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