EC State Aid Case M.12287: TPG / Vitality / Softbank Concentration

EC State Aid Cases

Published March 17th, 2026

Detected March 18th, 2026

Summary

The European Commission has issued a notice regarding State Aid Case M.12287, concerning the concentration between TPG, Vitality, and Softbank. The Commission has decided not to oppose this notified concentration.

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What changed

The European Commission has published a notice (C/2026/1706) indicating non-opposition to the notified concentration in Case M.12287, involving TPG, Vitality, and Softbank. This decision signifies that the Commission has reviewed the proposed merger or acquisition and found no competition concerns under the EU's State Aid rules.

This notice is primarily informational for the involved parties and the public. As the Commission has not opposed the concentration, no specific immediate actions are required from regulated entities beyond noting the clearance of this particular transaction. The publication date of the Official Journal (OJ C, C/2026/1698) is March 17, 2026.

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Non-opposition to a notified concentration (Case M.12287 – TPG / VITALITY / SOFTBANK / CAMBRIDGE MOBILE TELEMATICS)

C/2026/1706

OJ C, C/2026/1698, 17.3.2026, ELI: http://data.europa.eu/eli/C/2026/1698/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/2026/1698/oj

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| | Official Journal
of the European Union | EN

C series |

| | C/2026/1698 | 17.3.2026 |
Non-opposition to a notified concentration

(Case M.12287 – TPG / VITALITY / SOFTBANK / CAMBRIDGE MOBILE TELEMATICS)

(Text with EEA relevance)

(C/2026/1698)

On 9 March 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 (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, 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 32026M12287. 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/C/2026/1698/oj

ISSN 1977-091X (electronic edition)

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