Source: EURLEX
Language: en
Format: md

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| 28.7.2022 | EN | Official Journal of the European Union | C 287/81 |

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Prior notification of a concentration

(Case M.10813 – BLACKSTONE / CPP INVESTMENTS / ADVARRA)

Candidate case for simplified procedure

(Text with EEA relevance)

(2022/C 287/06)

1.

On 20 July 2022, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 [(1)](#ntr1-C_2022287EN.01008101-E0001).

This notification concerns the following undertakings:

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| — | Blackstone, Inc. (‘Blackstone’, USA), |

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| — | Canada Pension Plan Investment Board (‘CPP Investments’, Canada), |

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| — | Advarra Holdings, Inc. (‘Advarra’, USA). |

Blackstone and CPP Investments will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Advarra.

The concentration is accomplished by way of purchase of shares.

2.

The business activities of the undertakings concerned are the following:

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| — | for Blackstone: a global alternative asset manager. |

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| — | for CPP Investments: an investment management organisation that invests the funds transferred to it from the Canada Pension Plan. CPP Investments principally invests in public equities, private equities, real state, infrastructure and fixed income investments. |

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| — | for Advarra: a provider of ethical review services and technology solutions to biopharma companies, contract research organizations, and clinical trial sites. |

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 [(2)](#ntr2-C_2022287EN.01008101-E0002) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.10813 – BLACKSTONE / CPP INVESTMENTS / ADVARRA

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Fax +32 22964301

Postal address:

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| European Commission |
| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

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