EC okays Blackstone’s Cirsa acquisition

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The European Commission has cleared the US-based Blackstone’s purchase of Spain-based Cirsa Gaming Corporation.

With this, the US-based investment company and global alternative asset manager has finally completed its acquisition of one of the world’s largest gaming groups with casinos, bingo halls, gaming machines, arcades and distribution companies in Europe, Morocco and Latin America.

The Commission concluded that the proposed acquisition would raise no competition concerns because of the limited impact on the market structure.

Source: European Gaming Industry News