Ardian gets EU nod to buy waste-to-energy firm Attero

The European Commission (EC) has given an unconditional nod to French private equity firm Ardian to acquire Attero, a Dutch company active in waste-to-energy and biomethane production.

The deal is not seen to harm competition given the limited market share of the parties, the regulator noted in a brief statement.

The transaction was examined under the simplified merger review procedure.

Ardian agreed to buy Attero from UK investment company 3i Infrastructure Plc (LON:3IN) and a unit of Deutsche Bank AG (ETR:DBK) in July.

The private equity investor did not disclose the overall value of the transaction. 3i Infrastructure separately said that it expects net proceeds of about EUR 215 million (USD 237m) from the sale of its 25% interest.

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