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Mediapro parent Imagina sells Atresmedia stake for EUR 25 mln

Wednesday 4 December 2019 | 10:25 CET | News
The Imagina Group, parent of Spanish broadcaster Mediapro, has announced the sale of 7.04 million shares in commercial broadcaster Atresmedia, representing around 3.2 percent of the share capital. Imagina raised EUR 25.3 million from the private placement among qualified investors at a price of EUR 3.60 per share, said the company in a statement to securities market regulator CNMV. Atresmedia was recently handed a EUR 38.2 million fine by market and communications regulator CNMC for anti-competitive practices in the free-to-air TV advertising market. In October it announced a preliminary

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Categories: Broadcast & Satellite
Companies: Atresmedia / Mediapro / Telefonica
Countries: Spain
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