Schibsted English Norsk Contact Online Classifieds Media Houses About Schibsted Career Investor Relations Press Key Financial Figures Invest in Schibsted The Share Regulatory and Press Releases Reports and Presentations Financial Calendar Debt Financing IR Contact FAQ Investor Relations Regulatory and Press Releases Share « Previous Next » Schibsted ASA (SCH) - Update on the Milanuncios.com acquisition process Reference is made to the announcement of 10 June 2014 regarding expected closing of the acquisition of Milanuncios.com, a Spanish online classifieds site. The acquisition was announced 13 February 2014, and it was filed with the Spanish Competition Authority (CNMC) on 24 April 2014. In June 2014, CNMC informed Schibsted that it would take the case to "phase 2", which implied additional time to reach a conclusion. At that point, it was Schibsted's expectation that the transaction would be closed by the end of Q3 2014. The process is not yet concluded, and the completion of the acquisition will be somewhat delayed compared to the previous expectation. Talks with CNMC are constructive, and continue with good progress. Schibsted expects that the acquisition will be cleared by the authority. Contact person: Trond Berger, CFO. Tel: +47 916 86 695 Oslo, 30 September 2014 SCHIBSTED ASA Jo Christian Steigedal VP Investor Relations This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. « Previous Next » Published: 9/30/2014 4:35 PM Last updated: 9/30/2014 4:38 PM Schibsted Schibsted ASA Postboks 490 Sentrum, NO-0105 Oslo, +47 23 10 66 00 schibsted@schibsted.no Copyright 2014 Disclaimer Sitemap RSS About Schibsted History Vision and values Strategy Social Responsibility Group management team Members of the Board Corporate governance Schibsted Norge Schibsted Sverige Countries Contact Career Vacancies Trainee Program Summer Internship Meet Our Employees Investor Relations Key Financial Figures Invest in Schibsted The Share Regulatory and Press Releases Reports and Presentations Financial Calendar Debt Financing IR Contact FAQ Press Media relations Press releases Video Pictures Logo News archive