The European Commission has approved the acquisition of United Group, an Eastern European media and telecommunications company, by private equity firm BC Partners.
The commission said that BC Partners’ controlling shareholding in satellite operator Intelsat did not raise any competition concerns, according to Telecompaper.
United Group offers cable-television, telecommunications and broadband services in Bosnia & Herzegovina, Montenegro, Serbia and Slovenia via the SBB, Telemach and Total TV brands.
United Group also operates a number of pay-television platforms across Eastern Europe, including the Sportklub channels, and has a significant presence in the region’s sports broadcasting landscape.