Brussels, 6 October 2023
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Czech Media Invest a.s. (‘CMI’) by EP Group a.s. (‘EPCG’), Tymon a.s. (‘TYMON’), and J&T Capital Partners (‘JTCP’), all of Czechia.
The transaction relates primarily to the audio-visual and media sectors in Czechia, France, Romania and Slovakia.
The Commission concluded that the notified transaction would not raise competition concerns, given that the companies are not active in the same or vertically related markets. The notified transaction was examined under the simplified merger review procedure.
More information is available on the Commission’s competition website, in the public case register under the case number M.11122.
Source – EU Commission