CMA opens UK inquiry into Sportradar’s planned IMG Arena acquisition
The CMA opened a UK merger inquiry on 29 August into Sportradar’s planned acquisition of IMG Arena from Endeavour Holdings. The first phase begins on 1 September, with a final decision due by 24 October; the CMA will decide whether to refer the deal for a deeper investigation or allow it to proceed. Sportradar announced the acquisition in March, with Endeavour due to receive $125m.
The CMA will decide whether the acquisition proceeds or is referred for deeper competition investigation.