CMA clears Sportradar’s proposed acquisition of IMG Arena
The UK Competition and Markets Authority cleared Sportradar’s proposed acquisition of IMG Arena unconditionally after an inquiry, according to the regulator’s decision as reported. Sportradar said in an SEC filing that approval satisfies one regulatory closing condition; the parties intend to complete the deal once remaining conditions are met and will operate separately until then.
The clearance removes one regulatory condition, but the transaction remains subject to other closing conditions.