European Union clears Khazna-Eni data center joint venture merger, paving way for expanded Middle East-Italy AI infrastructure corridor.

The deal primarily involves the construction, management, and operation of data centres, the Commission announced in a release on Monday. The Commission concluded that the transaction would not raise competition concerns, finding that the companies would maintain limited combined market positions from the merger.

The merger was examined under the EU's simplified procedure, an expedited review process reserved for cases the Commission considers unlikely to raise competition issues. More information is available in the Commission's public case register under case number M.12451.