#52026M12354EU review of Stonepeak’s planned acquisition of Castrol
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The European Commission is reviewing Stonepeak’s planned purchase of Castrol from BP. Stonepeak is an infrastructure and real assets investment firm, while Castrol makes and sells lubricants, greases, coolants, and related fluids. The case may be handled under the EU’s simplified merger review process, which is used for transactions that appear unlikely to raise major competition concerns. Businesses, competitors, customers, or other interested parties can send comments to the Commission within 10 days of publication, quoting case number M.12354.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Stonepeak plans to acquire sole control of Castrol through a share purchase.
- The European Commission has opened its initial merger review of the transaction.
- 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 Stonepeak/Castrol concentration must submit their observations to the European Commission within 10 days of the notice publication.
Any observations submitted to the Commission must specify the reference number M.12354 – STONEPEAK / CASTROL.