European Commission rounds off deal enquiry

The European Commission said on Friday that its inquiry into the proposed acquisition of 149 properties and four real estate companies by Citibank International and Corpus Immobiliengruppe will be completed on 29 October. The two companies are cooperating in the purchase through their investment vehicle CPI Capital Partners Europe. The transaction is being reviewed by the European Commission under the procedure for cases which the commission believes do not pose competition concerns.

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