#52026M12456EU review of Prologis and NBIM acquisition of Bönen logistics property
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The notice opens the European Commission’s review of a planned deal in which Prologis and NBIM would jointly acquire indirect control of a logistics property in Bönen, Germany. The asset is an industrial real estate site, and the buyer group includes a global logistics property company and Norway’s sovereign wealth fund investment arm. The case may be handled under the EU’s simplified merger review process, which is used for transactions that are unlikely to raise competition concerns. Businesses, competitors, tenants, or other interested parties have 10 days from publication to send comments to the Commission, using case reference M.12456.
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Key Changes
- Prologis and NBIM plan to acquire joint indirect control of a logistics property in Bönen, Germany.
- The European Commission has opened its preliminary 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 that choose to submit observations on the proposed concentration must ensure their observations reach the European Commission no later than 10 days following publication of the notice.
Any observations submitted to the European Commission regarding the proposed concentration must specify the case reference “M.12456 – PLD / NBIM / TARGET ASSET BÖNEN”.