A PYMNTS Company

Portugal: Media merger looking close to earning green light

By  |  March 7, 2013

It seems as if media conglomerate Zon is nearing its merger with telecom company Optimus. According to reports, Zon’s shareholders are expected to approve of the merger, which is also looking like it will pass with Portugal’s authorities. Sources say the Regulatory Authority for the Media has passed along its opinion of approval to Portugal’s Competition Authority. The Authority is reportedly waiting on a non-binding opinion from the National Communications Authority, Anacom. The merger will include a name change for Zon as well as a shake-up in the executives committee.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    Full Content: Telecom Paper

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.