Telia’s acquisition of Bonnier Broadcasting moves into phase 2 investigation

Today, the European Commission announced that the competition process of Telia Company’s acquisition of Bonnier Broadcasting is now continuing with a so-called phase 2 trial.

Tomas Franzén, Chairman of the Board Bonnier Broadcasting:

“We have always assumed that the deal is approved and completed in the second half of 2019 and that assessment remains firm. At the same time, the ongoing operations of Bonnier Broadcasting are proceeding at full speed, and the company is well on its way to making a really strong year, in terms of both content, viewing and results. “