The decision of the Nederlandse Mededingingsautoriteit (NMa), the Dutch competition authority, to remove the limitation condition with regard to the integration of the Limburg daily newspapers De Limburger and the Limburgs Dagblad, which was published yesterday, has started a flow of rumours about a possible sale of Media Groep Limburg B.V. (MGL) by Telegraaf Media Groep N.V. (TMG).
The decision of the NMa offers possibilities for a necessary improvement of the profitability of MGL. Apart from a desired cost reduction in the long term, this however also necessitates further synergy with the other activities of TMG within the Netherlands. The relatively remote position of MGL in relation to those other activities makes this impossible.
Given the abovementioned, the Executive Board of TMG is currently considering a possible sale of MGL. As soon as the decision-making process regarding this has been completed, a further press release will be issued.