03.02.07, 6:27 AM ET
BRUSSELS (AFX) – The European Commission said it has set a deadline of March 3 for its inquiry into the proposed acquisition of joint control of Shell Technology Ventures Fund by Shell Technology Ventures and Luxembourg-controlled private equity fund Coller Capital.
Currently, Shell Technology Ventures Fund is 100 pct controlled by Shell Technology Ventures, which in turn is owned by Royal Dutch Shell PLC. (nyse: RDSA – news – people )
The transaction will be examined under the EU’s simplified merger review procedure.
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