In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u201coperation summary\u201d below, containing the information provided by the parties.<\/p>\n
This information has been prepared by the notifying parties, who are solely responsible for it. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation.<\/p>\n
The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented.<\/p>\n
Names of the companies and groups concerned:<\/strong><\/p>\n Nature of the operation<\/strong><\/p>\n Sectors concerned<\/strong><\/p>\n Deadline for interested third parties to submit their observations<\/strong><\/p>\n NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES<\/strong><\/p>\n The Competition Council received notification of an economic concentration operation concerning the acquisition by \u201cIcon Parent Inc.\u201d, an acquisition vehicle indirectly exclusively owned by investment funds advised and managed by various subsidiaries of \u201cKKR & Co. Inc.\u201d, of the entire share capital of \u201cInstructure Holdings, Inc.\u201d (together with its subsidiaries, \u201cInstructure\u201d).<\/p>\n \u201cKKR & Co. Inc.\u201d is a global investment company that offers alternative asset management services as well as solutions related to capital and insurance markets. \u201cKKR & Co. Inc.\u201d manages investment funds that invest in private equity, credit, and real assets and has strategic partners who manage hedge funds.<\/p>\n \u201cInstructure Holdings, Inc\u201d is an educational technology company listed on the New York Stock Exchange (NYSE). It offers learning management solutions, education technology efficiency, and accreditation.<\/p>\n <\/p>\n Done in Rabat, on September 5, 2024.<\/p>\n","protected":false},"excerpt":{"rendered":" In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u201coperation summary\u201d below, containing the information provided by the parties. This information has been prepared by the notifying parties, who are solely responsible for it. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation. The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented. Names of the companies and groups concerned: The acquirer: The company \u201cIcon Parent Inc\u201d; The target: The company \u201cInstructure Holdings, Inc\u201d. Nature of the operation Takeover Sectors concerned The learning management system (“LMS”) service market. Deadline for interested third parties to submit their observations 10 days from the date of publication of this press release, i.e. September 16 NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council received notification of an economic concentration operation concerning the acquisition by \u201cIcon Parent Inc.\u201d, an acquisition vehicle indirectly exclusively owned by investment funds advised and managed by various subsidiaries of \u201cKKR & Co. Inc.\u201d, of the entire share capital of \u201cInstructure Holdings, Inc.\u201d (together with its subsidiaries, \u201cInstructure\u201d). \u201cKKR & Co. Inc.\u201d is a global investment company that offers alternative asset management services as well as solutions related to capital and insurance markets. \u201cKKR & Co. Inc.\u201d manages investment funds that invest in private equity, credit, and real assets and has strategic partners who manage hedge funds. \u201cInstructure Holdings, Inc\u201d is an educational technology company listed on the New York Stock Exchange (NYSE). It offers learning management solutions, education technology efficiency, and accreditation. Done in Rabat, on September 5, 2024.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[352],"tags":[],"class_list":["post-40755","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\n\n
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