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Europe Daily Bulletin No. 11213

9 December 2014
ECONOMY - FINANCE - BUSINESS / (ae) competition

08/12/2014 (Agence Europe) - Mergers: Kensington/Blackstone/TPG. On Monday 8 December, the European Commission gave the go-ahead to the acquisition of joint control over Kensington Group plc and certain Investec Bank plc assets of the United Kingdom by Blackstone Group L.P and Koala HoldCo, LLC, both of the United States. The latter is a portfolio company of TPG Global, LLC and TPG Special Situations Partners, LLC. Kensington is a residential mortgage lender based in the UK. Blackstone is a...

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