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PPF Group to acquire Central European Media Enterprises for USD 2.1 bln

Monday 28 October 2019 | 08:44 CET | News
Czechia's PPF Group is expanding in the media sector with an agreement to acquire Central European Media Enterprises for USD 2.1 billion. The company will pay USD 4.58 per share for the broadcast group, a 32 percent premium to CME's share price in March, when it announced it was looking for buyers. 

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Categories: Broadcast & Satellite
Companies: Central European Media Enterprises / Time Warner
Countries: Eastern Europe
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