Mergers: Commission clears acquisition of control over Riverstone Europe by CVC

The European Commission has approved, under the EU Merger Regulation, the acquisition of control over RiverStone Barbados Limited (‘Riverstone Europe’) of Barbados by CVC Capital Partners SICAV-FIS S.A. (‘CVC’) of Luxembourg.

Riverstone Europe is active in the management of run-off insurance businesses and portfolios. CVC and/or its subsidiaries manage investment funds and platforms.

The Commission concluded that the proposed acquisition would raise no competition concerns, given the limited overlaps between Riverstone Europe and CVC’s portfolio entities and their low combined market shares.

The transaction was examined under the simplified merger review procedure.

More information is available on the Commission’s competition website, in the public case register under the case number M.10112.

https://ec.europa.eu/competition/elojade/isef/case_details.cfm?proc_code=2_M_10112

https://ec.europa.eu/competition/index_en.html

Arianna Podesta – Maria Tsoni –