EU Commission clears acquisition of Helthjem by Schibsted and Amedia
The European Commission has approved under the EU Merger Regulation the acquisition of joint control over the new Norwegian company Helthjem by a subsidiary of Amedia (also of Norway) together with its current parent, a subsidiary of Schibsted. Helthjem will offer delivery of parcels in Norway. Schibsted is an international media group headquartered in Norway. Amedia is a Norwegian media group. The Commission concluded that the proposed acquisition would not raise competition concerns because of the parties' negligible shares in the market on which Helthjem will be active or in connected markets. The transaction was examined under the simplified merger review procedure. More information is available on the Commission's competition website, in the public case register under the case number M.7664.