Polaris Media ASA (OB:POL) agreed to acquire media houses and distribution operations in Vest-Agder from Schibsted ASA (OB:SCHA) on September 20, 2019. In related deal, Polaris Media, together with Agderposten Medier will form a new media group in Southern Norway. The new group, Polaris Media Agder, will be established by Polaris Media acquiring media houses and distribution operations in Vest-Agder from Schibsted ASA. These will then be merged with Agderposten Media's media houses and media-related service operations in Aust-Agder and Telemark. A due diligence process will now be initiated. Once completed, the plan is that the contracts will be signed. Schibsted ASA must also undergo some formal processes with the Norwegian Competition Authority, but as Schibsted ASA do not see that the transaction can have any negative impacts on competition or media diversity, it expects the transaction to go ahead. The hope is that Polaris Media Agder will be established as a new media house group on January 1, 2020.

Polaris Media ASA (OB:POL) cancelled the acquisition of media houses and distribution operations in Vest-Agder from Schibsted ASA (OB:SCHA) on September 20, 2020.