Proposed merger between the TF1 and M6 groups: French competition authority's investigation teams issue report
26 Juli 2022 - 07:30PM
GlobeNewswire Inc.
Proposed merger between the TF1 and M6 groups: French competition
authority's investigation teams issue report
Press release Paris,
26/07/2022
PROPOSED MERGER
TF1 AND M6
GROUPS: FRENCH COMPETITION AUTHORITY’S
INVESTIGATION TEAMS ISSUE REPORT
The French Competition Authority’s investigation teams have
issued their report on the proposed merger between the TF1 group
and the M6 group.
In their report, which in no way predicts the final decision of
the authority’s board, the investigation teams consider that the
deal raises a number of significant competition concerns
(especially in relation to the advertising market). The nature and
extent of the remedies required in the report would mean that the
merger plans would no longer be meaningful for the parties involved
and they would therefore abandon them.
The parties, who do not intend to make any changes to their
original plans, will inform the authority of their response within
the next three weeks; hearings will take place before the French
competition authority’s board on 5 and 6 September.
ABOUT BOUYGUESBouygues is a diversified
services group operating in over 80 countries with 124,600
employees all working to make life better every day. Its business
activities in construction (Bouygues Construction, Bouygues
Immobilier, Colas); media (TF1) and telecoms (Bouygues Telecom) are
able to drive growth since they all satisfy constantly changing and
essential needs.
INVESTORS AND ANALYSTS
CONTACT:INVESTORS@bouygues.com• Tel.: +33 (0)1 44 20 10
79
PRESS CONTACT:presse@bouygues.com • Tel.: +33
(0)1 44 20 12 01
ABOUT THE TF1 GROUPThe TF1 group is a major
player in the production, publication and distribution of content.
Our raison d’être: to positively inspire society. Our operations
are split between two divisions: The Media division is home to: our
five free-to-air channels (TF1, TMC, TFX, TF1 Séries Films, LCI);
our four theme channels (Ushuaia TV, Histoire TV, TV Breizh, Série
Club); our on-demand content platforms (MYTF1, TFOU MAX and Salto);
our iconic digital brands (including Marmiton, aufeminin,
Doctissimo and Les Numériques); and the TF1 PUB advertising airtime
sales house. We also operate in music production and live shows
with Muzeek One. The Production division, with Newen Studios, is
home to 40 creative companies and labels in France and abroad. The
division creates and distributes programmes across all genres and
for all media industry players, from publicservice and
private-sector broadcasters to online platforms. The TF1 group has
operations in 20 countries and employed 3,380 people as of 31
December 2021. In 2021, theGroup generated revenue of €2,427m
(Euronext Paris, compartment A: ISIN FR0000054900).
https://groupe-tf1.fr/
INVESTOR RELATIONS:comfi@tf1.fr
CORPORATE COMMUNICATION:mcarcabal@tf1.fr
BOUYGUES SA • 32 avenue Hoche • 75378 Paris CEDEX 08 •
bouygues.com
- PR_Proposed TF1,M6 merger_French competition authorithy's
investigation team issue report
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