25/09/2013 (Agence Europe) - Mergers: Goldman-Sachs-TPG-MaxProperty/MPG. On 25 September, the European Commission gave the go-ahead to acquisition of joint control of MPG Hospital Holdings Limited of the UK by investment bank Goldman Sachs Group, Inc. of the US, TPG LundyCo, L.P. of the Cayman Islands, ultimately controlled by the TPG Group of the US and Max Property Group Plc of Jersey. MPG is currently solely controlled by Max Property. It manages a portfolio of four private hospitals based in the UK and let on long-term leases. Goldman Sachs provides financial services as a global investment banking, securities and investment management firm. TPG manages a family of funds and investment in a variety of companies through acquisitions and corporate restructurings. Max Property is active in investment and management in the UK real estate market. The Commission concluded that the deal, notified on 28 August, would not raise competition concerns given the companies' limited market shares on the markets concerned. The transaction was examined under the simplified merger review procedure. (FG/transl.fl)