AEG Facilities–SMG merger draws regulator scrutiny

The UK's Competition and Markets Authority has joined its counterparts across the Atlantic in investigating the creation of Wildlife Holdings, aka ASM Global

Onex is committing its entire investment in SMG, whose assets include König-Pilsener Arena, into ASM

Competition regulators on both sides of the Atlantic are examining the proposed mega-merger of venue behemoths AEG Facilities and SMG, as the companies look to roll up an international portfolio that includes more than 300 venues.

Should the deal proceed as the two companies hope, a new venture, known as ASM Global, will be launched, with headquarters in Los Angeles. It would oversee 310 arenas, stadia, convention centres and performing arts venues across five continents, including some of the world’s…

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