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Bertelsmann hikes stake in RTL, supports idea of merger with ProSiebenSat.1

Monday 17 February 2020 | 10:48 CET | News
German media company Bertelsmann has increased its stake in the private broadcaster RTL, said its CEO Thomas Rabe in an interview with the Frankfurter Allgemeine Zeitung. The company has been buying shares in RTL for few months now, but it does not plan a full takeover and delisting of the firm. RTL Group is and remains an independent company, Rabe said. 

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Categories: Broadcast & Satellite
Companies: Bertelsmann / ProSiebenSat.1 / RTL
Countries: Germany
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