M/05/053 – General Electric (NCB) / Business News (CNBC)
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.
| Notification date | Decision date |
|---|---|
| Friday August 19, 2005 | Monday, September 19, 2005 |
| Parties Involved | Business activities |
|---|---|
| General Electric (NCB) | Global diversified technology and services company |
| Business News (CNBC) | Production of business and financial news and television programming in Europe |
| Economic sector | Media merger |
|---|---|
| Media / TV | Yes |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Current status: Completed |
|---|
| Preliminary investigation (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| . | . |
Media enquiries: MKC Communications: 01 7038600
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