United Group unit gets antitrust nod to acquire Bulgaria s Nova Broadcasting Group Author: espensorvik. License: Creative Commons, Attribution 2.0 Generic.
SOFIA (Bulgaria), January 18 (SeeNews) - Bulgaria s antitrust body said on Monday that it gave the green light to United Media, part of Dutch-based telecommunications and media company United Group, to acquire 100% of Bulgarian multi-platform media company Nova Broadcasting Group from Sofia-based Advance Media Group.
The Commission for Protection of Competition (CPC) allowed Luxembourg-based United Media to buy Nova Broadcasting Group and its subsidiaries Net Info, Daric News, Vbox, Elit Media Bulgaria, Radio Veselina, Radio Express, Vitosha FM, Agencia Vitosha and Agencia Atlantik as well as to exercise joint control of Financial Marketplace, Grabo Media and Attica Eva, the competition authority said in its decision.
Bulgaria s antitrust body clears sale of Telegraph Newspaper publisher to United Group Brian A Jackson/Shutterstock.com
SOFIA (Bulgaria), January 18 (SeeNews) - Bulgaria s competition authority said on Monday that it granted approval to United Media, part of Dutch-based telecommunications and media company United Group to acquire 100% of Sofia-based publisher Telegraph Newspaper EOOD.
As part of the transaction, United Media will exercise joint control of local publishing house Borba currently owned by Telegraph Newspaper EOOD and a private investor, the Commission for Protection of Competition (CPC) said in its decision.
According to the antitrust body, the concentration will not lead to the establishment or strengthening of a dominant position in any of the relevant markets; therefore, the planned deal could not create anti-competitive effects that can significantly harm the competitive environment.
The Commission for Protection of Competition (CPC) has opened an investigation and conducted dawn raids at the premises of importers and wholesalers of consumer electronics for possible anti-competitive agreements concerning resale price maintenance. Based on a preliminary assessment, the CPC believes that importers and wholesalers imposed price restrictions on retailers.
United Group unit seeks antitrust nod to acquire Bulgarian publisher Telegraph Newspaper Author: Jeff Eaton. Licence: Creatice Commons.
SOFIA (Bulgaria), December 22 (SeeNews) - Bulgaria s competition authority said that United Media, part of Dutch-based telecommunications and media company United Group, is seeking approval to acquire local Sofia-based publisher Telegraph Newspaper EOOD.
According to the terms of the deal, United Media intends to exercise joint control of local publishing house Borba currently owned by Telegraph Newspaper EOOD and a private investor, the Commission for Protection of Competition (CPC) said in a notice on Friday.
Interested parties can submit their statements regarding the transaction to the CPC within seven days from December 18.
Bulgaria s antitrust body unconditionally OKs Sopharma Trading s acquisition of PharmaStore Author: Sopharma Trading / All rights reserved.
SOFIA (Bulgaria), December 16 (SeeNews) - Bulgaria s competition authority said that it has unconditionally approved the acquisition of local pharmacy chain PharmaStore by Sofia-based drug distributor Sopharma Trading [BUL:SO5].
The antitrust regulator gave the green light to the deal after considering additional information provided by the buyer as per court ruling issued in 2019, the Commission for Protection of Competition (CPC) said in a statement on Tuesday.
The CPC decision can be appealed before Sofia Region Administrative Court within 14 days of its publication.
In 2017, Sopharma Trading finalised the acquisition of all 19 pharmacies of the PharmaStore chain and later integrated them into its SOpharmacy brand.