Ebiquity plc
Statement re Competition and Markets Authority ("CMA") final clearance notification
CMA confirms no competition concerns
Ebiquity 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.
Michael Karg, CEO of Ebiquity commented:
"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."
The 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
22 November 2018
Enquiries:
Ebiquity plc Michael Karg (CEO) Mark Sanford (General Counsel and Company Secretary) |
Via Instinctif Partners |
Instinctif Partners Matthew Smallwood Guy Scarborough |
020 7457 2020 |
Numis Securities Limited Nick Westlake (NOMAD) Michael Wharton |
020 7260 1000 |
