Brief: UK's CMA Publishes Phase 2 Findings Related To Bauer Media Deals

Bauer AG

05/12/2019 12:10

Dec 5 (Reuters) - UK's CMA:
    * UK'S CMA - INVESTIGATING BAUER MEDIA’S COMPLETED TAKEOVER
OF
CERTAIN RADIO BUSINESSES OF CELADOR ENTERTAINMENT LIMITED
    * UK'S CMA - ALSO INVESTIGATING DEALS FOR SOME BUSINESSES OF
LINCS
FM GROUP, THE WIRELESS GROUP ALONG WITH ENTIRE BUSINESS OF UKRD
GROUP LIMITED
    * UK'S CMA - CONCERNED ABOUT HOW THE TRANSACTIONS COULD
AFFECT THE
FUTURE VIABILITY OF FIRST RADIO SALES LIMITED
    * UK'S CMA - ASKING FOR VIEWS ON PROVISIONAL FINDINGS BY 6
JANUARY
2020; STATUTORY DEADLINE FOR THE CMA’S FINAL REPORT IS 17 MARCH
2020
    * UK'S CMA - IF FRS WERE TO SHUT DOWN, LOCAL RADIO STATIONS
WOULD
HAVE TO SEEK SALES REPRESENTATION FROM BAUER OR GLOBAL
    * UK'S CMA -  DUE TO BAUER BUYING WIRELESS’S SIGNAL 107
STATION,
IT NOW OWNS THE ONLY TWO STATIONS OFFERING LOCAL ADVERTISING
TARGETED AT WOLVERHAMPTON

Further company coverage:  B5AG.DE 

 ((Reuters.Briefs@thomsonreuters.com;))