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Anjum Shabbir
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24th January 2020
Competition & State Aid

Green light for for IDEAL acquisition

In a decision published in a Commission press release today, the go-ahead has been given to the Canadian Pension Plan Investment Board and Ontario Teachers’ Pension Plan Board to acquire IDEAL – the Mexican Impulsora del Desarollo y el Empleo en America Latina S.A.B. de C.V (infrastructure assets).

The approval was granted on the basis that IDEAL has no planned or actual activity within the EEA, the acquisition thus raising no competition concerns.

Further details can be read in the Commission’s press release here.

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