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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