According to the EU Press Room, “The European Commission has granted clearance under the EU Merger Regulation to the acquisition of sole control of a portfolio of nine European hotels, currently controlled by Hilton Hotels Corporation (Hilton) of the US by Morgan Stanley Real Estate F International Funding, L.P. (MSREF) of the US, part of the Morgan Stanley group of companies (MS) of the US. MSREF is active in real estate investment and management. MS is a global financial services institution. Hilton owns, manages and franchises hotels. The operation was examined under the simplified merger review procedure.”