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Europe Daily Bulletin No. 12575

7 October 2020
ECONOMY - FINANCE - BUSINESS / Competition
Commission clears acquisition of Central European Media Enterprises by PPF Group NV
Brussels, 06/10/2020 (Agence Europe)

The European Commission decided on Tuesday 6 October to unconditionally approve the proposed acquisition of Central European Media Enterprises (‘CME’) by PPF Group NV (‘PPF’). The Commission concluded that the transaction would not raise competition concerns within the European Economic Area (EEA).

PPF and CME are both active in the acquisition of sports broadcasting rights in the Czech Republic and Slovakia and in the sale of advertising space in the Czech Republic.

The Commission...

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