-+ 0.00%
-+ 0.00%
-+ 0.00%
European Commission OKs Reno de Medici Takeover by M&G Investment, Arini Capital
Share
Listen to the news
07:39 AM EDT, 09/25/2026 (MT Newswires) -- The European Commission approved M&G (MNG.L) unit M&G Investment Management and Arini Capital Management's joint acquisition of Apollo Management's Reno de Medici. The European Union watchdog said Friday that the transaction, which relates to the manufacturing of cardboard products in Italy, is not expected to raise competition concerns as the companies do not operate in the same or related markets.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending