Future Plc, the global platform for specialist media, today announces an update on the acquisition of TI Media. The Group announced the proposed acquisition of TI Media on 30th October 2019, with the completion of the deal conditional upon clearance from the Competition and Markets Authority.
The CMA investigation had found that the purchase of TI Media does not raise competition concerns, subject to the sale of three closely competing products.
After completing its initial Phase 1 investigation, the CMA found that the two businesses compete closely in photography and football magazines and technology websites. The relevant titles that TI Media own in these spaces are WorldSoccer, Amateur Photographer and the technology website Trustedreviews.com.
You can read more about our acquisition here.