UK’s CMA clears SMG-AEG Facilities merger
ASM Global/Wildlife Holdings is on track to launch in October, says AEG, following a green light for the merger from the Competition and Markets Authority
News By | 11 September 2019
The UK’s competition regulator, the Competition and Markets Authority (CMA), has approved the planned merger of AEG Facilities and SMG. The CMA was one of a number of regulatory authorities investigating the merger of the venue management giants, which was announced in February.
If, as expected, the authority’s counterparts across the Atlantic also clear the merger, a new joint venture, Los Angeles-headquartered ASM Global, will likely launch in October of this year, according to an AEG spokesperson.
“We…
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