Blackstone: EU authorizes takeover of Simulation Software


(CercleFinance.com) – The European Commission has authorized, under the EU Merger Regulation, the acquisition of joint control of Simulation Software (Energy Exemplar) of Australia, by Blackstone and Vista Equity Partners Management, all two Americans.

The transaction primarily concerns the provision of energy market modeling and analysis software for the electricity, water, gas and renewable energy sectors.

The Commission concluded that the notified transaction would not raise competition concerns, given that the joint venture has negligible activities in the European Economic Area and that the companies are not active on the same or different markets. vertically linked.

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