REG - Ebiquity PLC - Statement re CMA final clearance notification

EbiquityAnnouncement

22/11/2018 07:05

RNS Number : 1436I
Ebiquity PLC
22 November 2018
 


Ebiquity plc
 
Statement re Competition and Markets Authority ("CMA") final clearance notification
 
CMA confirms no competition concerns
 
Ebiquity plc ("Ebiquity"), a leading independent media and marketing consultancy, welcomes today's announcement that the CMA has unconditionally cleared the proposed disposal of its Advertising Intelligence business to Nielsen Media Research Limited ("Nielsen").  This confirms the CMA's Provisional Findings last month that the transaction does not raise competition concerns.
 
Michael Karg, CEO of Ebiquity commented:
 
"We are delighted to receive the CMA's final clearance decision and confirmation that their investigation has found our planned disposal does not raise competition concerns. We continue to work closely with Nielsen in the final stage of the process as we target formal completion of this transaction as soon as possible."
 
The CMA's final report will be made available on the CMA's case page for this investigation at the following web address: https://www.gov.uk/cma-cases/nielsen-ebiquity-merger-inquiry 
 
22 November 2018
 
Enquiries:
 




Ebiquity plc
Michael Karg (CEO)
Mark Sanford (General Counsel and Company Secretary)
 


Via Instinctif Partners
 




Instinctif Partners
Matthew Smallwood
Guy Scarborough
 


020 7457 2020




Numis Securities Limited
Nick Westlake (NOMAD)
Michael Wharton


020 7260 1000




 
 




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