Denmark: Consultation closed on Competition and Consumer Authority investigation into Polaris Private Equity proposed acquisition of 7N A/S

On 8 November 2024, the Danish Competition and Consumer Authority (KFST) closed the public consultation regarding the proposed acquisition of sole control over 7N A/S by Polaris Private Equity V K/S. 7N A/S operates as a broker of IT consultants and provider of IT services across various sectors. The merger, according to the parties involved, falls under the merger control provisions of the Competition Act, necessitating approval before proceeding. The Authority will decide if the merger qualifies for a simplified notification procedure.