The European Commission has approved, under the EU Merger Regulation, the acquisition of Zayo Group Holding, Inc. (Zayo) of the US by EQT Find Management S.à.r.l. (EQT) of Luxembourg and Colony Capital, Inc. of the US.
Zayo is a provider of communications infrastructure services in North America and Europe. EQT is an investment firm active in infrastructure and infrastructure-related assets and businesses in primarily Europe and North America.
Colony Capital is an investment firm active in digital infrastructure companies.
The Commission concluded that the proposed acquisition would raise no competition concerns, because of the limited horizontal and vertical overlaps between the activities of the companies concerned. The transaction was examined under the simplified merger review procedure.