The OFT has cleared the acquisition by Bauer Radio Limited of TIML Golden Square Limited. The acquisition will add the Absolute radio brand to Bauer’s existing portfolio of commercial radio stations including Kiss and Magic. The OFT considered the impact of the transaction on the provision of airtime advertising (contracted and non-contracted) at a national level and in London, the provision of national sponsorship and promotions and the supply of multiplex services in London. It concluded that the transaction is unlikely to reduce competition in all these areas.
Alan Overd, Vicki Mertzanidou and Debra Freedman advised Bauer Radio on the transaction.
CRA Consultants Shortlisted in W@Competition Five Star Professionals Survey
CRA European Competition consultants Diana Jackson, Vicki Mertzanidou and Elina Koustoumpardi have been shortlisted in the W@Competition 5 Star Survey for...