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Merger between

United Media S.A.R.L. | Nova Broadcasting Group

The Bulgarian Commission for the Protection of Competition cleared an acquisition by United Media S.A.R.L. of Nova Broadcasting Group in the markets for (i) provision of TV content, (ii) wholesale radio and television broadcasting, (iii) retail distribution of radio and television programs, (iv) creation of TV commercials, (v) creation of Internet ads, (vi) creation of radio ads, (vii) provision of retail mobile telecommunications services and (viii) provision of Internet access.

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