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Acquisition : Schibsted/

Posted: November 25, 2014 | Consumer | Europe

Deal Feed International Reports: acquisition cleared by the Spanish Competition Authority

Press Release:

The acquisition was announced 13 February 2014, and it was filed with the Spanish Competition Authority (CNMC) on 24 April 2014.

CNMC has informed Schibsted that it has decided to clear the transaction on the condition that SCM Spain implements a remedy to meet the concerns the CNMC had regarding the market shares in the professional part of the motor market in Spain.

Deal details sourced by the Deal Feed Team from NASDAQ. (Opens in new window)

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