18/12/2019 (Agence Europe) – The European Commission approved on Tuesday 17 December the formation of three joint ventures between Kennedy Wilson Holdings, Inc. ('Kennedy Wilson'), a company based in the United States, and the French group AXA. All three companies will provide real estate services in Ireland. Kennedy Wilson is a company active in the acquisition, development and management of real estate assets. AXA Group is active in the insurance sector as well as in investment management. The Commission concluded that the proposed amalgamation would not raise competition concerns given its very limited impact on the market structure. (LC)