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European Commission Approves CTS Eventim's Acquisition Of Additional Stake In France Billet

The European Commission has notified CTS Eventim AG & Co. KGaA (CEVMF.PK), a provider of ticketing services and live entertainment, that it has no antitrust or other objections to the exercise of its call option to acquire an additional 17% of France Billet's share capital, the company said in a statement.

The approval is unrestricted and unconditional, paving the way for CTS Eventim to raise its stake in France Billet from 48% to 65%.

by RTTNews Staff Writer

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