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European Commission OKs Edizione's Purchase of Tages, 21 Invest

The European Commission cleared the acquisition of Italy-based private equity groups Tages and 21 Invest by Italian holding company Edizione. The commission said Friday that the transaction would not raise competition issues due to the companies' limited market positions after its completion.

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The European Commission cleared the acquisition of Italy-based private equity groups Tages and 21 Invest by Italian holding company Edizione.

The commission said Friday that the transaction would not raise competition issues due to the companies' limited market positions after its completion.