Press Release: Mergers: Commission clears acquisition of Vantage Data Centers by Digital Bridge, PSPIB and TIAA

“The European Commission has approved, under the EU Merger Regulation, the acquisition of Vantage Data Centers Holding Company of the US by Digital Bridge Holdings LLC, the Teachers Insurance and Annuity Association of America (TIAA) both of the US, and the Public Sector Pension Investment Board (PSPIB) of Canada. Vantage Data Centers owns and operates five fully leased data centres across two US campuses in Santa Clara, California and Quincy, Washington. Digital Bridge owns interests in communication infrastructure companies in the US. PSPIB is the investment manager of the pension plans of the Canadian Federal Public Service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. TIAA provides investment products and services to those who work in the academic, research, medical and cultural fields in the US. The Commission concluded that the proposed acquisition would raise no competition concerns since Vantage Date Centers is only active in the US. The transaction was examined under the simplified merger review procedure. More information is available on the Commission’s competition website, in the public case register under the case number M.8558(For more information: Daniel Rosario – Tel.: + 32 229 56185; Maria Sarantopoulou – Tel.: +32 229 13740)  ”

Source: European Commission

 

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