Macquarie and CDP win EU approval for Open Fiber acquisition


FILE PHOTO: The logo of Australia's biggest investment bank Macquarie Group Ltd adorns the main entrance to their Sydney office headquarters in Australia, October 28, 2016. REUTERS/David Gray/File Photo

MILAN (Reuters) - The acquisition of broadband network company Open Fiber by Italy's state lender Cassa Depositi e Prestiti (CDP) and Australian fund Macquarie has won EU regulatory approval, a filing on the European Commission website showed on Thursday.

The deal does not raise serious doubts over its compatibility with the common market, the EU antitrust watchdog said, confirming what sources told Reuters on Monday.

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