CPP Investments / I Squared / INKIA Energy Merger Cleared Under EU Merger Regulation
Summary
The European Commission has cleared the proposed concentration involving CPP Investments, I Squared, and INKIA Energy (Case M.12373). The Commission found that the transaction would not raise competition concerns in the European Economic Area and issued a non-opposition decision, allowing the parties to proceed with the merger. The decision was published in the Official Journal of the European Union.
What changed
The European Commission has issued a non-opposition decision for Case M.12373 involving CPP Investments, I Squared, and INKIA Energy under Council Regulation (EC) No 139/2004. The Commission determined that the proposed concentration would not significantly impede effective competition in the European Economic Area. The decision permits the parties to proceed with the transaction without further regulatory review at the EU level.
For the merging parties, this clearance removes regulatory uncertainty and allows the transaction to close without additional EU-level merger control obligations. The companies should proceed with obtaining any required national-level clearances in member states and fulfill standard post-closing notification requirements. This decision has no compliance implications for third parties.
What to do next
- Monitor for any subsequent Commission review
- Comply with standard merger notification obligations in affected EU member states
Archived snapshot
Apr 16, 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.12373 – CPP INVESTMENTS / I SQUARED / INKIA ENERGY)
Non-opposition to a notified concentration (Case M.12373 – CPP INVESTMENTS / I SQUARED / INKIA ENERGY)
Non-opposition to a notified concentration (Case M.12373 – CPP INVESTMENTS / I SQUARED / INKIA ENERGY)
C/2026/2318
OJ C, C/2026/2294, 16.4.2026, ELI: http://data.europa.eu/eli/C/2026/2294/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/2026/2294/oj
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