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Orient Hontai to pay EUR 900 mln to take control of Spain's Mediapro

Wednesday 14 February 2018 | 08:47 CET | News
China's Orient Hontai has taken control of Spanish broadcaster Mediapro for around EUR 900 million, reports Europa Press. 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 one of the firm's founders Gerard Romy, who has 12 percent.

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