SPAIN – Vocento is tempted by venture offer
Vocento has rejected an offer allegedly received from a private equity buyer for a 13% stake in Telecinco.
Vocento has decided to sell its 13% stake in the national network and retain possession of NET TV (digital) the offer received was not adequate. According to the current holders of the company, the 13% stake in Telecinco is valued at approximately EUR 580m.
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