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Last checked at 
2 Mar 2018 10:00
2 March 2018
Trinity Mirror plc
Statement re Competition and Markets Authority ("CMA") merger investigation
On 1 March 2018, the Company announced the completion of the acquisition of Northern & Shell's UK publishing assets via the acquisition of 100% of the equity in Northern & Shell Network Limited (the "Acquisition").
Trinity Mirror notes that the CMA has launched a merger investigation and made an initial enforcement order (a "hold separate" order) under the Enterprise Act 2002, in relation to the Acquisition.
The Board continues to believe that there will be no reduction in media plurality as a result of the Acquisition, as each newspaper brand will continue with its current editorial positioning, and that there will not be any detrimental impact on competition as a result of the Acquisition.
A further announcement will be made as and when appropriate.
Enquiries
Trinity Mirror | ||
Simon Fox, Chief Executive Vijay Vaghela, Group Finance Director and Company Secretary | 020 7293 3553 | |
Brunswick | ||
Nick Cosgrove, Partner | 020 7404 5959 | |
Will Medvei, Director | ||
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