EU Objects To €550M Mobile Communications Merger

Law360, New York (March 11, 2013, 8:46 PM EDT) -- The Carlyle Group LP's Syniverse Technologies LLC said Monday that European antitrust regulators had raised objections to the mobile communications company's proposed €550 million ($693.5 million) acquisition of Luxembourg-based rival Mach SarL.

The European Commission has given Syniverse a statement of objections in connection with its proposed buy of WP Roaming SarL's Mach, taking issue with the tie-up’s potential effects on the data clearing and near-real-time roaming data exchange markets, Syniverse said in a filing with the U.S. Securities and Exchange Commission.

"This statement does not...
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