07:23 AM EDT, 03/11/2026 (MT Newswires) -- Ares Management ( ARES ) has received clearance from the European Commission for a deal involving the joint control of tax consultancy and software solutions firm Ryan, the regulator said Wednesday.

The approval is for the acquisition of joint control of Ryan by NB Alternatives Advisers, Ares, Founder G. Brint Ryan, and Canada's Onex, the European Commission said.

"The commission concluded that the notified transaction would not raise competition concerns, given that the joint venture has negligible activities in the European Economic Area," the European Commission said.