EU Commission OKs Blackstone's Acquisition of Essendi

06:10 AM EDT, 10/19/2026 (MT Newswires) -- The European Commission approved Blackstone's sole-control acquisition of Luxembourg-based Essendi, alongside a portfolio of hotels. The European Union regulator said Monday that the deal, which mainly relates to the hotel sector in Europe, Mexico, Singapore, and South America, is not expected to raise competition concerns.