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Telia formally notifies European Commission of plan to acquire Bonnier Broadcasting

Friday 15 March 2019 | 13:16 CET | News

Telia Company said it has now formally notified the European Commission of its acquisition of Bonnier Broadcasting, in line with EU merger control regulations. The commission will analyse the competition aspects of the transaction in a phase 1 investigation. The process normally lasts for 25 working days and will either result in a clearance of the acquisition, or in an in-depth, phase 2 investigation.

The operator added that it expects to complete the acquisition during the second half of 2019. Telia announced the SEK 9.2 billion acquisition of Bonnier Broadcasting, including the brands TV4, C More and Finnish MTV, from Bonnier AB on 20 July 2018.



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Categories: Broadcast & Satellite / General
Companies: Bonnier / C More / European Commission / Telia
Countries: Sweden
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