United Group unit seeks antitrust nod to acquire Bulgaria s Nova Broadcasting Group Author: espensorvik. License: Creative Commons, Attribution 2.0 Generic.
SOFIA (Bulgaria), December 14 (SeeNews) - Bulgaria s Commission for Protection of Competition said on Monday that United Media, part of Dutch-based telecommunications and media company United Group, is seeking approval to acquire Bulgaria s Nova Broadcasting Group.
Interested parties have until December 21 to submit their statements regarding the transaction to the regulator, a notice published on the competition authority s website reads.
On Friday, United Group said that it is in talks with Bulgaria s Advance Media Group over the possible acquisition of Nova Broadcasting Group.
Bulgaria s Advance Media Group in talks with United Group on possible sale of Nova Author: espensorvik. License: Creative Commons, Attribution 2.0 Generic.
SOFIA (Bulgaria), December 11 (SeeNews) - Bulgaria s Advance Media Group is in talks with Dutch-based telecommunications and media company United Group for the sale of Nova Broadcasting Group, United Group said on Friday. A potential deal is dependent on the successful completion of negotiations between the parties, as well as on the conclusion of a binding Sales and Purchase Agreement between them and on obtaining all necessary approvals from the relevant regulatory authorities in Bulgaria and abroad, United Group said in a press release.