Roschier represented Bonnier in connection with Telia’s acquisition of Bonnier Broadcasting
The European Commission has today approved Telia Company’s acquisition of Bonnier Broadcasting, including TV4, MTV and C More. Roschier advised Bonnier and Bonnier Broadcasting in the transaction.
The integration of Bonnier Broadcasting, with its roughly 1 200 employees in Sweden, Finland and Denmark, into Telia Company will begin when the transaction is expected to close on December 2, 2019. TV4, C More and MTV will be part of Telia Company’s newly established business area for media.
Telia Company announced the acquisition of Bonnier Broadcasting, including brands TV4 in Sweden, MTV in Finland and C More which is present in both markets, on July 20, 2018.
“This is a deal that is reshaping the TV markets in Sweden in Finland, creating a player fit for a fast-evolving market. Therefore, the European Commission has scrutinized the deal closely in a long but constructive process. We are very pleased with now having crossed the finish line”, says partner Kristian Hugmark, who lead Roschier’s merger control team, advising Bonnier, together Ami Paanajärvi in Finland, and assisted by amongst others Andres Acevedo, Måns Gottfries, Niina Hänninen, and Jacob Giesecke. Partner Malin Leffler leads the transactional team, assisted by amongst others Leo Lee, Lotta Näätsaari, Joakim Wahlgren, Johan Kristoffersson, Vicky Kaufmann and Per Kling.