UTV Media PLC CMA approval to the Sale of Juice FM.
October 06 2015 - 2:00AM
UK Regulatory
TIDMUTV
UTV Media PLC
UTV Media Plc Announces receipt of CMA approval to the Sale of Juice FM.
On 5 June 2015, UTV Media plc ("UTV" or the "Group") announced that it had
agreed to sell Juice FM, UTV's radio station in Liverpool, to Global Radio
Holdings Ltd ("Global Radio"), conditional on approval by the UK Competition
and Markets Authority.
UTV today announces that clearance has been received from the UK Competition
and Markets Authority. Pursuant to the terms of the sale and purchase agreement
with Global Radio, it is expected that completion will take place on Thursday 8
October 2015. A further announcement will follow to confirm that completion has
taken place.
For further information, please contact:
Orla McKibbin, Director of Communications
Tel: +44 (0) 2890 262188 or +44 (0) 7879 666427
6 October 2015
END
(END) Dow Jones Newswires
October 06, 2015 02:00 ET (06:00 GMT)
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