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Merger of Nova Acquisition Holding ehf. and Platínum Nova hf.

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  • Case number: 33/2021
  • Date: 31/8/2021
  • Company:
    • Nova Acquisition Holding ehf.
    • Platínum Nova hf.
  • Sectors:
    • Telecommunications, IT and media
  • Policy Area:
    • Mergers
  • Summary

    The Competition Authority examined the merger of Nova Acquisition Holding ehf. (NAH) and Platinum Nova hf. which are holding companies. Following the merger, the telecoms company Nova hf. and the hotel operator Keahótel ehf. will be under control of the same undertaking. As the merging parties' activities do not overlap and are in different markets, the Competition Authority did not intervene in the merger.