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Mediapro confirms sale of majority stake to China's Orient Hontai

Monday 19 February 2018 | 08:41 CET | News
Spanish broadcaster Mediapro has announced an agreement to sell a majority stake in Imagina Media Audiovisual to China's Orient Hontai, confirming earlier reports. Under the terms of the deal, the Chinese group has acquired a 53.5 percent stake from shareholders including Spanish private equity firm Torreal, which holds 23 percent of the capital, Mexican broadcaster Televisa which has 19 percent and Mediavideo's 12 percent, giving Imagina an enterprise evaluation of EUR 1.9 billion.

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