Statement re CMA final clearance notification

RNS Number : 1436I

Ebiquity PLC

22 November 2018

 

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

 

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