Non-Opposition to BCI / Brookfield / NBIM / Mustang AIV JV (Case M.12346)
Summary
The European Commission issued a non-opposition decision on 20 April 2026 clearing the notified concentration involving BCI, Brookfield, NBIM, and Mustang AIV JV (Case M.12346). The Commission found the joint venture compatible with the internal market pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004. The full decision will be made publicly available on the Commission's competition website after removal of business secrets.
“On 20 April 2026, the Commission decided not to oppose the above notified concentration and to declare it compatible with the internal market.”
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What changed
The European Commission cleared the notified concentration involving BCI, Brookfield, NBIM, and Mustang AIV JV under Article 6(1)(b) of the EC Merger Regulation (Council Regulation (EC) No 139/2004). The decision, issued on 20 April 2026, declares the joint venture compatible with the internal market without further conditions.
Parties to notified concentrations should note that clearance under the EU Merger Regulation does not require further filings with national competition authorities within the EU. The full decision text remains confidential and will only be published in English after business secret review, available through the competition-cases.ec.europa.eu portal.
Archived snapshot
Apr 27, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
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Non-opposition to a notified concentration (Case M.12346 – BCI / BROOKFIELD / NBIM / MUSTANG AIV JV)
C/2026/2692
OJ C, C/2026/2452, 27.4.2026, ELI: http://data.europa.eu/eli/C/2026/2452/oj (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
ELI: http://data.europa.eu/eli/C/2026/2452/oj
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| | Official Journal
of the European Union | EN
C series |
| | C/2026/2452 | 27.4.2026 |
Non-opposition to a notified concentration
(Case M.12346 – BCI / BROOKFIELD / NBIM / MUSTANG AIV JV)
(Text with EEA relevance)
(C/2026/2452)
On 20 April 2026, the Commission decided not to oppose the above notified concentration and to declare it compatible with the internal market. This decision is based on Article 6(1)(b) of Council Regulation (EC) No 139/2004 of 20 January 2004 on the control of concentrations between undertakings (the EC Merger Regulation) (1). The full text of the decision is available only in English and will be made public after it is cleared of any business secrets it may contain. It will be available:
| — | in the merger section of the ‘Competition policy’ website of the Commission (https://competition-cases.ec.europa.eu/search). This website provides various facilities to help locate individual merger decisions, including company name, case number, date and sectoral indexes, |
| — | in electronic form on the EUR-Lex website (http://eur-lex.europa.eu/homepage.html?locale=en) under document number 32026M12346. EUR-Lex is the online point of access to European Union law. |
(1) OJ L 24, 29.1.2004, p. 1, ELI: http://data.europa.eu/eli/reg/2004/139/oj.
ELI: http://data.europa.eu/eli/C/2026/2452/oj
ISSN 1977-091X (electronic edition)
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