6th Oct 2015 07:00
UTV MEDIA PLC - CMA approval to the Sale of Juice FM.UTV MEDIA PLC - CMA approval to the Sale of Juice FM.
PR Newswire
London, October 5
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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