04/01/2011 (Agence Europe) - Mergers. On Tuesday 4 January, the European Commission authorised the joint acquisition by The Blackstone Group and First Reserve Corporation of the PBF Energy Company LLC of the US. Blackstone is a global alternative asset manager and provider of financial advisory services. FRC is a private equity firm specialising in the energy industry. PBF owns an oil refinery and related facilities in the USA. The operation was examined under the simplified merger review...