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Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2024/75 - Global Martilu / Babel
Acquired
Babel Tenedora de Participaciones S.A.
Description
Acquiring
Global Martilu S.L.U.
Description
Indirect Integral Subsidiary of Mubadala Capital, in turn subsidiary of Mubadala Asset Management Investment Company. In Portugal, Mubadala Investment Company is active through several companies, namely in: telecommunications, oil products, healthcare and education services, securitization of credits.
Sector
  • Digital & Information Technology
Activity (NACE)
  • J6202 - Computer consultancy activities
Applicable legislation
Art. 37(1)(c) (Law 19)
Notification thresholds
Turnover threshold
Type of merger
Conglomerate
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The merger operation consists of the acquisition, by Global Martilu, S.L.U. (“Global Martilu”) of exclusive control over Babel Tenedora De Participaciones, S.A. and its subsidiaries (“Babel”).
Timeline
2024-11-28
The AdC issued a non-opposition decision to the merger 75/2024 - Global Martilu / Babel.
2024-11-06
Global Martilu notifies the acquisition of exclusive control over Babel.
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