Media24-Novus merger bid faces legal review

Caxton and Capital Newspapers have taken legal action to halt the Competition Commission's approval of Media24's merger with Novus Holdings.

- Jeremy Maggs

The deal, which involves Novus acquiring Media24's distribution arm, On-the-Dot, and community newspaper portfolio, has sparked fierce opposition from rival media houses concerned about its impact on media diversity and employment in the sector.

Caxton and Capital Newspapers have applied to the Competition Appeal Court, seeking an interdict to prevent the merger from being finalised until a review of the commission's decision can be undertaken.