De Mol acquires stake in Telegraaf Media Group

Tuesday 17 January 2017 | 11:06 CET | News
The TV mogul John de Mol has bought a stake of 18.4 percent in the Telegraaf Media Group, reports Het Financieele Dagblad. This follows an unsolicited takeover bid for TMG in December from its major shareholder VP Exploitatie and Belgian publisher Mediahuis. They already claim acceptances for 55 percent of the company's shares and are expected to launch a formal bid in early March. It's unclear what De Mol plans to do with his stake.

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Categories: General
Companies: Telegraaf Media Groep / TMG
Countries: Netherlands
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