Mergers: EU Commission clears acquisition of Brasinex Bohemia by Czech Media Invest and Rockaway
The European Commission has approved, under the EU Merger Regulation, the acquisition of Brasinex Bohemia, a.s. (“BB”) by Czech Media Invest a.s. (“CMI”) and Rockaway Capital SE (“Rockaway”), all of Czechia.
BB is active at all levels of the book industry, in particular in Czechia, and is currently controlled by Rockaway. CMI is active in the media sector, in particular in periodicals publishing and radio broadcasting.
Rockaway invests primarily in online service businesses. The Commission concluded that the proposed transaction would raise no competition concerns given the moderate combined market positions of the companies involved.
The 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.9601.
-Arianna Podesta –