Omers Infrastructure is a European investment platform for infrastructure investments for Omers Administration Corporation, Canada, which manages a diversified global portfolio of stocks and bonds as well as real estate, infrastructure and private equity investments for a Canadian pension plan.
In September 2018, the executive and supervisory boards of VTG rejected a takeover offer from Warwick Holding, an indirect subsidiary of funds advised by Morgan Stanley Infrastructure, and recommend that VTG shareholders should not accept the offer.
However, Warwick Holding announced on December 19 that it had completed the pubic takeover of all executive shares of VTG and held 70.63% of voting rights in the company. In February, Warwick Holding said it intended to put forward a public delisting tender offer for all outstanding VTG shares.
The EC concluded that the proposed acquisition by Omers Infrastructure and Morgan Stanley, which was examined under the simplified merger review procedure, raised no competition concerns because of its limited impact on the market.
In October 2018, VTG completed the takeover of Nacco, Europe’s fourth largest wagon leasing company.