Spanish# broadcaster Telecinco has launched a €499 million rights issue to fund its purchase of a 22% stake in Prisa’s Digital+ satellite pay-TV platform.
Existing investors will be entitled to purchase five new shares for every 14 held at a cost of €5.75 per share. JP Morgan Securities, Mediobanca, Banca# IMI and Banco Bilbao Vizcaya Argentaria are supporting the issue.
Mediaset-owned# Telecinco has also agreed to purchase Prisa’s free-to-air channel Cuatro#.
ضع تعليق باستخدام حساب الفيس بوك
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