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Adevinta ASA (via Public) / Adevinta ASA (ADE) issues update on undertakings offered to the UK Competition and Markets Authority (CMA)

04/27/2021 | Press release | Distributed by Public on 04/27/2021 04:11 Adevinta ASA (ADE) issues update on undertakings offered to the UK Competition and Markets Authority (CMA) NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Oslo, 27 April 2021 - Following an update by the UK Competition & Markets Authority ( CMA ) today, Adevinta ASA (ADE) ( Adevinta ) confirms that it has proposed Russmedia Equity Partners ( Russmedia ) as an upfront buyer of Shpock, Adevinta s primary classifieds operation in the UK.

Asda takeover could lead to higher petrol prices, warns UK watchdog

Asda takeover could lead to higher petrol prices, warns UK watchdog Tue, 20th Apr 2021 11:55 (Alliance News) - The UK competition watchdog has warned that the GBP6.8 billion takeover of Asda by forecourt tycoons the Issa brothers could lead to higher petrol prices for motorists in some areas. The UK Competition & Markets Authority said that investigations have raised local competition concerns in relation to the supply of road fuel in 36 areas across the UK . EG Group, the forecourt giant owned by Mohsin and Zuber Issa, operates 395 petrol stations, while Asda owns 323 sites. In October, EG Group and private equity backers TDR Capital LLP agreed a deal to take control of the UK supermarket chain from US retail giant Walmart Inc.

MediaCom launches UK s largest Google practice

MediaCom launches UK s largest Google practice Led by MediaCom North, the UK s biggest media agency wants to offer clients a one-stop shop that will navigate the Google ecosystem. by Omar Oakes Sign in to continue Free email bulletins

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