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China's Orient Hontai closes acquisition of 53.5% of Spain's Mediapro

Wednesday 27 June 2018 | 10:01 CET | News
Spanish broadcaster Mediapro has announced that China's Orient Hontai Capital has closed its acquisition of a 53.5 percent stake in its parent company Imagina from shareholders including Spanish private equity firm Torreal, which held 23 percent of the capital, Mexican broadcaster Televisa which had 19 percent and Mediavideo's 12 percent, giving Imagina an enterprise evaluation of EUR 1.9 billion. The deal means Imagina's shareholders are now Orient Hontai (53.5%), WPP (22.5%) and its founders Tatxo Benet (12%) and Jaume Roures (12%). Mediapro said Roures and Benet will continue in their

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Categories: Broadcast & Satellite
Companies: Mediapro / Telefonica / Televisa / WPP
Countries: Spain
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