Source: EU Commission
Mergers: Commission clears acquisition of Oikos by Goldman Sachs
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control over Oikos Holding GmbH (´Oikos´) of Germany by Goldman Sachs Group, Inc (´Goldman Sachs´) of the U.S. Oikos plans, develops and manufactures prefabricated houses. Goldman Sachs is a global investment banking, securities and investment management company. The Commission concluded that the proposed acquisition would raise no competition concerns, because the transaction does not lead to any horizontal overlap or vertical relationship between the activities of the companies. 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.10236.