#52026M12466EU merger notice for Charlesbank, Grain, Spectrotel and AireSpring
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Charlesbank and Grain plan to take joint control of Spectrotel and AireSpring through a share purchase. Spectrotel and AireSpring provide managed network, connectivity, cloud communications and cybersecurity services, while Charlesbank and Grain are private equity investors. 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 can send comments to the Commission within 10 days of publication, using case reference M.12466.
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Key Changes
- Charlesbank and Grain would acquire joint control of Spectrotel and AireSpring through a share purchase.
- The European Commission is carrying out an initial merger control review.
- Interested third parties have 10 days from publication to submit comments to the Commission.
Obligations
What this law requires
Interested third parties submitting observations on the proposed concentration must ensure their observations reach the European Commission within 10 days following publication of the notice.
Any observations submitted to the European Commission must specify the case reference M.12466 – CHARLESBANK / GRAIN / SPECTROTEL / AIRESPRING.