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Mediaset to sell Digital+ stake to Telefonica - report

Friday 13 June 2014 | 10:52 CET | News
Italian broadcaster Mediaset is close to accepting an offer from Telefonica to buy its 22 percent stake in Spanish pay-TV platform Digital+ for around EUR 350 million, according to unnamed sources cited by Il Sole 24 Ore. Last month Telefonica closed the purchase of the 56 percent stake in Digital+ owned by Prisa for EUR 750 million to raise its stake in the broadcaster to 78 percent. Buying Mediaset's stake would give it full control of Digital + and greater flexibility in integrating TV content into its Movistar Fusion convergent packages. Mediaset has until 20 June to exercise a

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