Spain's CNMC clears Jainaga-Basque govt takeover of Azkoyen for €244.5M

Spain's competition regulator unconditionally approved the acquisition of Azkoyen by Jainaga and the Basque government, following German antitrust clearance earlier this month. The deal, valued at €244.5 million, now faces no regulatory hurdles in key jurisdictions, though closing conditions remain. This removes a major uncertainty for the transaction, which is expected to proceed.