The Bundeskartellamt has approved plans about dividing the advertising newspaper activities of Ostruhr Anzeigenblattgesellschaft (ORA) which has been jointly controlled by Lensing Media and Funke Mediengruppe that publishes advertising newspapers in the eastern Ruhr area.
Together with this transaction Lensing Media is to be the sole publisher of ORA’s advertising newspapers in Dortmund, Lünen, Schwerte, Castrop-Rauxel, Dorsten and Haltern, and Funke Mediengruppe is to publish ORA’s advertising newspapers in Bochum/Wattenscheid, Witten, Gladbeck and Bottrop. Authority mentioned that the takeover of ORA’s various advertising newspapers will not further worsen the competitive situation on the local advertising and reader markets in this specific case thus allowed the transaction.
(Bundeskartellamt- 14.09.2021)
NAZALI TAX & LEGAL