Commission clears acquisition of joint control over OHL Mexico by OHL and IFM
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The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over OHL MĂ©xico S.A.B. de C.V. (OHL MĂ©xico) of Mexico by Obrascon Huarte Lain, S.A. (OHL) of Spain and IFM Investors Pty Ltd (IFM) of Australia. OHL MĂ©xico builds, manages and operates seven toll roads and one airport in Mexico. The Commission concluded that the proposed acquisition would raise no competition concerns in Europe, because OHL MĂ©xico will only be active in Mexico. The transaction was examined under the simplified merger review procedure.Â
