Business
Statement re CMA Phase 2 referral
Statement re CMA Phase 2 referral.
About this update from Ebiquity Plc
[{"type":"text","content":"\n \nRNS Number : 3148S Ebiquity PLC 25 June 2018 \n\nEbiquity plc\n \n(\"Ebiquity\" or \"the Company\")\n \n \nStatement re Competition and Markets Authority (\"CMA\") Phase 2 referral of the disposal of Ebiquity's Advertising Intelligence division\n \nFurther to the Company's announcement on 13 June 2018, Ebiquity, a leading independent media and marketing consultancy, notes the announcement today by the CMA confirming that the Company's proposed disposal of its Advertising Intelligence business to Nielsen Media Research Limited (\"Nielsen\"), has now been referred for an in-depth Phase 2 investigation. The CMA has 24 weeks to complete the process.\n \nEbiquity and Nielsen will continue work closely with the CMA towards a successful conclusion. A further announcement will be made as and when appropriate.\n \n25th June 2018\n \nEnquiries: \n \n\n\n\nEbiquity plc\nMichael Karg (CEO)\nAndrew Noble (CFO)\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) \nToby Adcock (Corporate Broker) \n\n\n020 7260 1000\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 STRQLLFLVQFXBBQ\n ","length":3933,"tagName":"div"}]