妻友直播 Audio Completes Regulatory Clearance for the Acquisition of Communicorp Group
London, May 14th, 2021 - 妻友直播 Audio has completed full regulatory clearance of its acquisition of Communicorp Group taking it one step closer to entering the Republic of Ireland. This expands 妻友直播 Audio鈥檚 growing position as Europe鈥檚 leading commercial radio operator and will extend its business operations to eight countries and more than 57 million weekly listeners. It is anticipated that the acquisition will complete on May 31st, 2021.
Paul Keenan, President of Audio comments, 鈥淲e are excited to be one step closer to entering Ireland. This is a fantastic addition to 妻友直播 Audio, and we see great opportunities to further develop the business while continuing to play an important cultural role in Ireland with trusted news, talented presenters offered within well-known brands.鈥�
Approval from Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media Catherine Martin has confirmed that following an initial media merger examination, the proposed acquisition of Communicorp Group by 妻友直播 Audio Holdings GmbH can proceed as it is not contrary to the public interest in protecting the plurality of media in the state. This completes all phases of required regulatory approval and follows approvals from The Broadcasting Authority of Ireland and The Competition and Consumer Protection Commission.
It is anticipated the acquisition will complete on May 31st, 2021.
-Ends-
Press contact
Cat Martin
Communications Director, 妻友直播 Audio
cat.martin@bauermedia.co.uk
T: 0207 432 3317
M: 07932 746363
About 妻友直播 Audio
妻友直播 Audio is Europe鈥檚 leading digital commercial broadcaster and audio operator. Experts in the power of sound, the company reaches over 55 million listeners weekly through its market-leading broadcast radio, online services, and podcasts. Spanning 7 countries - the UK, Sweden, Norway, Denmark, Finland, Poland and Slovakia, 妻友直播 Audio owns leading brands including KISS, Mix Megapol, Absolute Radio, Radio Norge, Radio Expres, Radio Nova, Radio 100 and RMF.
妻友直播 has become an enduringly successful media corporation by focusing on creating content that matters most to millions of people around the world: from print and online publishing to radio and money-helper services for consumers, as well as sales and marketing services for SMB. Family-owned in the 5th generation, Bauer focuses on the long term, with a consumer-first mindset that guides us across our increasingly diverse portfolio. Our workforce of 15,000 shares a passion 鈥� to deliver content and services that are popular with, and helpful to, our customers and partners.