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Telefonica, Mediaset to bid for Digital+ stake - report

Monday 28 April 2014 | 10:31 CET | News
Telefonica and Italian broadcaster Mediaset are preparing to make an offer for the 56 percent stake held by Spanish media group Prisa in Spanish pay-TV platform Digital+, according to a report in Italian daily La Repubblica. Telefonica and Mediaset, each of which own a 22 percent share of the pay-TV platform, decided not to exercise an option to buy the controlling stake last month after Prisa had given the companies a 15-day term to exercise that right. However, according to La Repubblica, Telefonica is now considering making a bid for less than the EUR 800 million requested by the

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