Mergers: Commission approves PPF's acquisition of CME* The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of Central European Media Enterprises ("CME") by PPF Group NV ("PPF"). The Commission concluded the transaction would raise no competition concerns in the European Economic Area (“EEA”). PPF and CME are both active in the acquisition of sports broadcasting rights in Czechia and Slovakia and in the sale of advertising space in Czechia. In parallel, the two companies are active at different levels of the TV value chain. CME is mainly active as a wholesale supplier of TV channels in a
Share on
|
|
The EU Commission unconditionally clears a merger of two multinational groups both active in sports broadcasting and the sale of advertising space (PPF / CME)
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.
