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EC okays Blackstone’s Cirsa acquisition

Published

7 years ago

on

Reading Time: < 1 minute

The European Commission has cleared the US-based Blackstone’s purchase of Spain-based Cirsa Gaming Corporation.

With this, the US-based investment company and global alternative asset manager has finally completed its acquisition of one of the world’s largest gaming groups with casinos, bingo halls, gaming machines, arcades and distribution companies in Europe, Morocco and Latin America.

The Commission concluded that the proposed acquisition would raise no competition concerns because of the limited impact on the market structure.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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