The Service of the Commission for the Protection of Competition announces that The Blackstone Group Inc., has notified to the Commission for the Protection of Competition, that it intends to proceed, through Spark Topco Inc. and Spark Acquisition Sub Inc., to the acquisition of Diamondback Acquisition Inc.
Blackstone Group Inc., is a company listed on the New York Stock Exchange and operates as an alternative asset management company.
Spark Topco Inc. and Spark Acquisition Sub Inc. are special purpose companies which were established to act as buyers for the purposes of this merger and which did not have any previous activities. These companies are indirectly owned by The Blackstone Group Inc.
The target in this merger is Diamondback Acquisition, Inc., a leading company duly registered under the laws of Delaware of the United States of America. The Target, through its subsidiaries, is active in the provision of integrated risk management software and related information services with emphasis as a provider of integrated risk management software and related information services with a focus on Environmental, Social, and Corporate Governance ("ESG"), Performance and Operational Risk, und Product Stewardship.