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Telefonica in talks to buy Mediaset's 22% Digital+ stake

Thursday 5 June 2014 | 09:06 CET | News
Telefonica is in talks with the Spanish unit of Italian broadcaster Mediaset to buy its 22 percent stake in Spanish pay-TV platform Digital+ for around EUR 350 million, according to unnamed sources cited by Bloomberg. Earlier in the week Telefonica closed the purchase of the 56 percent stake in Digital+ owned by Prisa for EUR 750 million to raise its stake in the broadcaster to 78 percent. Buying Mediaset's stake would give it full control of Digital + and greater flexibility in integrating TV, broadband and telephony into offers such as its Movistar Fusion convergent packages. Telefonica is

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