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Euronews owner’s Adria deal tests EU Media Board’s reach beyond the bloc

By Anna Ferrari ( September 25, 2026, 13:56 GMT | Insight) -- The proposed acquisition of Adria News Network by Alpac Capital — the owner of Euronews — will test whether the bloc’s special powers over media mergers extend beyond its borders. The deal, which focuses on EU candidate country Serbia, shows how competition, media licensing and the European Media Freedom Act intersect in cross-border transactions.The proposed acquisition of United Group's Adria News Network by Portuguese investment firm Alpac Capital has become the first transaction to test how the European Media Freedom Act applies alongside competition approvals and national media licensing in a deal centered on an EU candidate country, MLex has learned....

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