#52026M12465EU merger notice for Searchlight and Providence acquisition of CloserStill
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
Searchlight and Providence plan to take joint control of CloserStill, a UK-based organiser of exhibitions and conferences active in several sectors, including learning, transport, technology and healthcare. Providence already controls CloserStill, and the deal would bring Searchlight in as a joint controlling owner through a share purchase. The European Commission is reviewing whether the deal falls under EU merger rules and says it may qualify for the simplified review process. Businesses, competitors, customers or other interested parties have 10 days from publication to submit comments to the Commission, using case reference M.12465.
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Key Changes
- Searchlight and Providence plan to acquire joint control of CloserStill through a share purchase.
- The European Commission is treating the deal as a possible candidate for simplified merger review.
- Interested third parties have 10 days from publication to submit comments to the Commission.
Obligations
What this law requires
Interested third parties wishing to comment on the proposed concentration must submit their observations to the European Commission within 10 days of the publication date.
Any observations submitted to the European Commission must specify the case reference “M.12465 – SEARCHLIGHT / PROVIDENCE / CLOSERSTILL”.