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Telefonica closes deal to buy Digital+ for EUR 750 mln

Tuesday 3 June 2014 | 09:03 CET | News
Telefonica has announced that it has closed the acquisition of Spanish pay-TV platform Digital+ from media group Prisa. In a statement to Spain's market regulator CNMV, Telefonica said it had bought the 56 percent stake owned by Prisa for EUR 750 million to raise its stake in the broadcaster to 78 percent. The final price is EUR 25 million higher than the figure initially agreed between the two companies. The remaining 22 percent is held by the Spanish unit of Italian broadcaster Mediaset, which will have 15 days counting from the date of communication of the terms of the agreement by the

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