NIQ and GfK Receive Clearance for Their Planned Combination From the European Commission

General News

Summary

CHICAGO & NUREMBERG, Germany--(BUSINESS WIRE)--NielsenIQ (NIQ) and GfK SE (GfK) have today received clearance by the European Commission for their planned combination. The European Commission has approved the proposed combination of NIQ and GfK, thereby allowing for completion of the transaction to create the worlds leading consumer intelligence company. The clearance decision is conditional on the divestment of GfK’s Consumer Panel business to an independent third party. The condition does not have suspensive effect on the completion of the combination of NielsenIQ and GfK. With operations in more than 100 countries, NIQ delivers the most complete and clear understanding of consumer buying behavior through an advanced business intelligence platform with integrated predictive analytics.

Classifications

industries
Entertainment
applications
Business Intelligence

AskAI Classifications

Labels
SaaS Business Intelligence Analytics Software

Linked Companies

GfK
$500M to $1B