Anti-trust authority questions Ricardo sale to Tamedia (Updated with Tamedia’s official response)

09 Jun 2015

Roughly four months after Tamedia announced its intention to buy Ricardo Group from Naspers for CHF 240 million ($260 million U.S.) (our report here), it now surfaced that the Wettbewerbskommission (WEKO), Switzerland’s anti-trust authority, is uncomfortable with parts of the deal… According to Swiss online magazine Persö the WEKO said it’s investigation will go into a next phase – the so-called intensive-investigation phase. WEKA also…

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Christo Volschenk

Christo Volschenk is managing editor of the news on and our senior analyst covering Naspers. He brings more than 31 years of experience in business journalism to the team - the last 18 years focused on classifieds and e-commerce. Apart from working closely with the AIM Group, Christo is a freelance journalist, content manager, and copy editor. Before branching out on his own, he spent 15 years with Naspers in South Africa as journalist, economics editor and online project manager. He now spends most his day editing the news reported by 23 colleagues in 23 countries from his base in Stuttgart, Germany.