Case details

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Merger control
Case reference
Ccent/2022/50 - Sonae / NOS
Acquired
NOS, SGPS, S.A.
Description
It develops activities in a wide range of electronic communications, audiovisual and information technology services markets.
Acquiring
Sonae, SGPS, S.A.
Description
Parent company of the Sonae Group, which includes companies with activities primarily focused on the food and non-food distribution businesses, real estate, financial services and electronic communications and information technologies. Sonae is exclusively controlled by Efanor Investimentos, SGPS, S.E., the holding company of Belmiro de Azevedo´s heirs.
Sector
Activity (NACE)
Applicable legislation
Art. 37(1)(c) (Law 19)
Notification thresholds
Turnover threshold
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The notified concentration consists of the acquisition of negative exclusive control over NOS SGPS and, indirectly, over NOS Comunicações by Sonae SGPS.

Timeline
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