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Friday, 19 April 2013 00:01 - - {{hitsCtrl.values.hits}}
REUTERS: U.S. cable firm Liberty Global won unconditional EU regulatory approval on Monday for its US$ 15.8 billion takeover of Virgin Media, a deal which pits the group against Rupert Murdoch’s British satellite TV operation BSkyB. The European Commission said it did not have any competition concerns regarding the takeover, confirming a Reuters report last week.
The EU antitrust authority said this was because the companies operated cable networks in different EU countries and because of the merged group’s limited market position in wholesale TV channels in Britain and Ireland. The companies valued the deal at US$ 15.8 billion on 6 February, the day it was announced.
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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.