CCI clears deal involving Blackstone, Embassy Group

CCI clears deal involving Blackstone, Embassy Group

The Competition Commission has approved the deal involving global investment company Blackstone and realty firm Embassy Group. The deal involves a restructuring of Embassy Group, Blackstone Group and certain third parties into Embassy office parks Real Estate Investment Trusts (REIT). In a tweet on December 6, the CCI said it "approves the acquisition of real estate assets of Embassy Group and Blackstone Group by Embassy".

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