trending Market Intelligence /marketintelligence/en/news-insights/trending/gRaA3GgCBPRCnSufJNsZsg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

AT&T/Time Warner deal gets conditional approval from Brazilian antitrust agency

Southeast Asian broadband providers report varying performance amid COVID-19

Cable networks react to pandemic by cutting SG&A, programming costs

Strong Competition Remains For Thailand Digital Terrestrial TV Channel

ITU: Regulators discuss impacts of COVID-19 on policymaking


AT&T/Time Warner deal gets conditional approval from Brazilian antitrust agency

Brazil's antitrust watchdog, the Conselho Administrativo de Defesa Econômica, or CADE, approved AT&T Inc.'s planned purchase of Time Warner Inc. with certain conditions.

The targeted conditions address specific issues that CADE identified. The agency's approval does not require the sale or divestiture of any AT&T or Time Warner assets, according to an Oct. 18 press release.

The deal has secured approvals from Mexican and Chilean regulators. With CADE's approval, AT&T and Time Warner have received all required merger approvals outside of the U.S.

The deal, which is expected to close by the end of the year, is under review by the U.S. Department of Justice.

AT&T in October 2016 agreed to buy Time Warner in a cash-and-stock deal with a total equity value of $85.4 billion and a total transaction value of $108.7 billion, including Time Warner's net debt.