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Europe Daily Bulletin No. 8435

3 April 2003
Contents Publication in full By article 14 / 35
GENERAL NEWS / (eu) eu/competition
Conditional green light to Stream/Telepiù merger

Brussels, 02/04/2003 (Agence Europe) - As planned, the Commission has authorised under condition and after a detailed enquiry the merger between Stream, a pay-TV company jointly owned by the Newscorp group and Telecom Italia, and Telepiù, another pay-TV company owned by Vivendi Universal (France), but acquired by Newscorp. The agreement reached provides for the new company to be held by Newscorp with Telecom Italia holding a minor stake not to exceed 19.9%. Commissioner Monti emphasised the...

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