Business
Statement re CMA final clearance notification
Statement re CMA final clearance notification.
About this update from Ebiquity Plc
[{"type":"text","content":"\n \nRNS Number : 1436I Ebiquity PLC 22 November 2018 \n\nEbiquity plc\n \nStatement re Competition and Markets Authority (\"CMA\") final clearance notification\n \nCMA confirms no competition concerns\n \nEbiquity 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. \n \nMichael Karg, CEO of Ebiquity commented:\n \n\"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.\"\n \nThe 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 \n \n22 November 2018\n \nEnquiries: \n \n\n\n\n\nEbiquity plc\nMichael Karg (CEO)\nMark Sanford (General Counsel and Company Secretary)\n \n\n\nVia Instinctif Partners\n \n\n\n\n\nInstinctif Partners\nMatthew Smallwood\nGuy Scarborough\n \n\n\n020 7457 2020\n\n\n\n\nNumis Securities Limited \nNick Westlake (NOMAD) \nMichael Wharton \n\n\n020 7260 1000\n\n\n\n\n \n \n\nThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com. END STRPGGUUGUPRPWG\n ","length":4542,"tagName":"div"}]