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Posted on 13 Aug, 2019

Notification of Concentration

 

In terms of regulation 5(4) of the Control of Concentrations Regulations, 2002 published in Legal Notice 294 of 2002, the Director General of the Office for Competition notifies for general information that a notification of a concentration between funds and affiliates of The Blackstone Group Inc. (New York, US) and Vungle Inc. (San Francisco, US) was filed on Friday, 2 August 2019.

The nature of the concentration is an acquisition of sole control of Vungle Inc. by funds and affiliates of The Blackstone Group Inc. via the fully controlled acquisition vehicles Redbird Parent Holdings, Inc. and Redbird Merger Sub, Inc.

The economic sector involved concerns advertising.

The Director General of the Office for Competition invites interested third parties to submit their written observations on this notified concentration within seven days following publication of this notice.

 

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