Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

On 2 June 2020, the Commission received a notification of a proposed concentration pursuant to

Article 4 of Council Regulation (EC) No 139/2004 (the “EUMR”), by which Colony Capital, Inc.,

United States (“Colony Capital”) and Public Sector Pension Investment Board, Canada (“PSP”) will,

indirectly, acquire joint control of Next Generation Data Limited, United Kingdom (“NGD”) within the

meaning of Article (3)(1)(b) of the EUMR.

The notified concentration will be implemented by way of purchase of 100% of the shares in NGD via a jointly controlled special acquisition vehicle.

The business activities of the undertakings concerned are as follows:

(a) Colony Capital is a publicly traded global real estate and investment management firm

(NYSE: CLNY) headquartered in Los Angeles, United States. Colony Capital manages a

global portfolio composed of, amongst other, investments in digital infrastructure, including

macro cell towers, data centres, small cell networks and fibre networks.

(b) PSP is the pension investment manager of the pension plans of the Canadian Federal

Public Service, the Canadian Forces, the Royal Canadian Mounted Police and the

Reserve Force. It manages a diversified global portfolio including stocks, bonds and other

fixed-income securities as well as investments in private equity, real estate, infrastructure,

natural resources and credit investments.

(c) NGD is a private company limited by shares incorporated and existing under the laws of

England and Wales. NGD is active in the design, build, operation and ongoing management

of data centre solutions in the United Kingdom.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.