M&AInfrastructureSIGNED
UK Competition Authority clears sale of Asterion's portfolio company
Acquirer
Macquarie
Target
EAG
The UK's Competition and Markets Authority (CMA) has approved Macquarie's proposed remedies to acquire EAG, a British smart meter company. Spanish firm Asterion held a 40% stake in EAG.
✦ Meridian Analysis
This M&A transaction involves Macquarie acquiring EAG, a company in which Asterion held a significant stake. The CMA's approval of remedies indicates the deal is moving forward after addressing competition concerns.
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