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Telefonica buys Mediaset stake in Digital+ for EUR 295 mln

Monday 7 July 2014 | 09:34 CET | News
Telefonica has agreed to acquire Mediaset's 22 percent stake in Spanish pay-TV platform Digital+ for an initial EUR 295 million. Telefonica said it had also agreed to pay Mediaset a further EUR 30 million in compensation for waiving its right of first refusal for the stake, a further EUR 10 million when it completes the acquisition of Prisa's 56 percent stake in Digital+ and an additional EUR 30 million depending on the future performance of the Spanish pay-TV market. In June Telefonica said it had closed the purchase of the 56 percent stake in Digital+ owned by Prisa for EUR 750 million to

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