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Mediaset delays Digital+ decision until 04 July

Monday 23 June 2014 | 09:21 CET | News
Italian broadcaster Mediaset will not be deciding whether to sell its 22 percent stake in Spanish pay-TV platform Digital+ to Telefonica until 04 July after the parties involved decided to delay the initial deadline. In statements to Spain's market regulator CNMV, Telefonica and media group Prisa said that the Mediaset's deadline of 20 June by which to decide whether to exercise its preferential right to acquire Prisa's stake in Digital+ would be extended by a further two weeks. Last week Telefonica offered EUR 295 million to acquire Mediaset's 22 percent stake in Digital+ and take full

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Categories: Broadcast & Satellite
Companies: Digital+ / Mediaset / Prisa / Telefonica
Countries: Italy / Spain
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