Daimler: EU approves joint acquisition of Charge Now
(CercleFinance.com) - Under EU merger regulations, the European Commission has authorised the indirect acquisition of joint control of Charge Now by BMW, Daimler and BP.
Charge Now is a joint venture that is operated by Digital Charging Solutions, active in the development, marketing and distribution of products and services in the field of mobility, offering information services and access technology to charging infrastructure. for battery powered electric vehicles and plug-in hybrid vehicles, mainly in the European Economic Area. It also operates charging stations for electric vehicles and plug-in hybrids.
The Commission concluded that the proposed acquisition would not raise any competition concerns due to the limited impact that it would have on the market.
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Charge Now is a joint venture that is operated by Digital Charging Solutions, active in the development, marketing and distribution of products and services in the field of mobility, offering information services and access technology to charging infrastructure. for battery powered electric vehicles and plug-in hybrid vehicles, mainly in the European Economic Area. It also operates charging stations for electric vehicles and plug-in hybrids.
The Commission concluded that the proposed acquisition would not raise any competition concerns due to the limited impact that it would have on the market.
Copyright (c) 2021 CercleFinance.com. All rights reserved.