LAGARDERE AUTHORISED TO TAKE OVER SPORTFIVE.

The European Commission, on 18 January, cleared the proposed acquisition of Sportfive Group, a French company active in the commercialisation of sports rights and sports marketing, by Lagardere, also of France, active in media and high technologies. The proposed merger will allow Lagardere to gain control of Sportfive, and enter the international sports rights trading market. The Commission's examination of the proposed transaction showed that there are no horizontal overlaps between the...

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