M/24/074 – Cordiant Digital /DCU Invest/Datacenter United
Transaction details
The proposed transactions, whereby Cordiant Digital Holdings Six Limited would acquire joint control of DCU Invest NV, and whereby DCU Invest NV would acquire sole control of Datacenter United Brussels NV, have been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Wednesday November 27, 2024 | Monday, December 16, 2024 |
| Parties Involved | Business activities |
|---|---|
| Cordiant Digital Holdings Six Limited ('CDH6'). | CDH6 is a holding company within the Cordiant Digital Infrastructure Limited ('CDIL') Group. CDIL is a UK-listed investment company incorporated in Guernsey which invests in operating digital infrastructure assets, focusing primarily on data centres, mobile telecommunications/broadcast towers, distributed sensor networks, and fibre-optic network assets. CDIL is managed by Cordiant Capital Inc., a Canadian domiciled investment manager. |
| DCU Invest NV | DCU Invest NV is a data centre operator based in Belgium. It operates 9 data centres across 8 locations in the Flanders region in Belgium. |
| Datacenter United Brussels NV | Datacenter United Brussels NV is a special purpose vehicle incorporated for the purposes of the proposed transactions. Its share capital is currently owned by Proximus NV, a Belgian provider of digital services and communications solutions. As part of the proposed transactions, Datacenter United Brussels NV will come into ownership of 4 data centres currently owned by Proximus NV. |
| Economic sector | Media merger |
|---|---|
| Information & Communications | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Tuesday, December 10, 2024 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| seanheeran@ccpc.ie | Sean Heeran |
Media enquiries: communications@ccpc.ie
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