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Spanish regulator extends probe of Telefonica, Digital+ deal

Friday 14 November 2014 | 09:19 CET | News
Spain's telecoms regulator CNMC has announced that its investigation of Telefonica's proposed takeover of Spanish pay-TV platform Digital+ has entered a second, more in-depth, stage. In May Telefonica reached a deal to purchase the 56 percent stake in Digital+ owned by Prisa for EUR 750 million before subsequently agreeing to acquire Mediaset's 22 percent stake in Digital+ for an initial EUR 295 million. Although a deal of this size would normally be assessed by the European Commission in view of the figures involved, in August the EC announced that the Spanish regulator would be allowed to

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Categories: Broadcast & Satellite
Companies: Canal+ / Digital+ / European Commission / Mediaset / Movistar / Prisa / Telefonica / Vodafone Spain
Countries: Spain
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