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CMA CGM wins conditional approval in France to buy Altice Media

( July 1, 2024, 08:16 GMT | Official Statement) -- MLex Summary: Sea and air-freight logistics company CMA CGM has received approval from the French competition authority to acquire exclusive control of Altice Media. To win approval, CMA CGM, which is also active in the print media sector, has agreed not to engage either directly or indirectly in any form of combination between the sale of ad space in its title La Provence and on Altice's local channels BFM PACA, whose broadcast area overlaps with the distribution of La Provence. The remedies will be in place for five years.Statement follows. ...

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