General Electric (NCB) / Business News (CNBC) [2005] IECompA m05053 (19 August 2005)
Transaction details
"proposal whereby General Electric Company (“GE”) through its subsidiary NBC Universal, Inc. (“NBC”), would acquire all of the shares
or interests, as the case may be, of three companies from Dow Jones & Company
and its affiliated companies (“Dow Jones”): a) Business News (Europe)
Partnership, (“CNBC Europe”); b) Business News (Asia) pte, (“CNBC Asia”); and
c) CNBC World LLC, (“CNBC World”). CNBC Europe, CNBC Asia, and CNBC World
are collectively referred to herein as “CNBC”.
"
| Economic sector | Media merger |
| Media / TV | Yes |
Notification date: Friday, August 19, 2005
| Parties Involved | Business activities |
| IAWS Group plc | |
| Dock Milling Limited | global diversified technology and services company |
| S. & A. G. Davis | production of business and financial news and television programming in Europe |
| Bolands Mills Ltd | |
| General Electric (NCB) | |
| Business News (CNBC) | |
|
Current status |
Completed |
Preliminary investigation (Phase 1) |
Decision date: Monday, September 19, 2005
