UTV MEDIA PLC - CMA approval to the Sale of Juice FM.
October 06 2015 - 2:00AM
PR Newswire (US)
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
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