Sweden's TV4 & Finland's MTV Being Sold To Schibsted Media For $620M
Sweden’s TV4 and Finland’s MTV are being sold in a deal worth SEK6.55B ($613M). The networks’ parent company, Telia, has entered into an agreement to sell its TV and media operations to Schibsted Media.
TV4 Sweden and MTV Finland to Change Hands From Telia to Schibsted Media
Through the pact, Schibsted Media said it intends to preserve and strengthen TV4 and MTV as ‘reliable and independent media providers.’
Telia sells TV & Media to Schibsted Media for $615 mln
Sweden's Telia Company said on Tuesday it has agreed to sell its TV & Media business to Schibsted Media at an enterprise value of 6.55 billion Swedish crowns ($614.99 million) on a cash and debt-free basis.
Telia Company to sell TV & Media business to Schibsted Media
TV channels including Sweden’s TV4 and Finland’s MTV are being sold to Schibsted Media after Telia Company announced plans to divest itself of its TV and media interests.
Telia sells TV & Media business to Schibsted Media
Telia Company has entered into an agreement to sell its TV & Media business, including the TV4 and MTV brands in Sweden and Finland respectively, to Schibst
Schibsted Media acquires TV4 Sweden, MTV Finland from Telia in $615m deal
Nordic media company Schibsted Media has agreed to acquire broadcasters TV4 in Sweden and MTV in Finland for SEK6.55bn (US$615m) in a deal with Swedish telecoms firm Telia Company.
Sweden’s TV4, MTV in Finland sold in $615m deal
Norwegian media company Schibsted Media has struck a deal to buy TV4 in Sweden and Finland’s MTV from Swedish telecoms giant Telia Company. The deal has an enterprise value of 6.55bn Swedish krona ($615m or £487.7m) on a cash and debt-free basis, and is subject to regulatory approval.
Finland’s MTV to be sold to Norwegian media company Schibsted Media
MTV owns and operates the largest commercial television channel in Finland, MTV3, along with its own newsroom, the on-demand service Katsomo and the entertainment-focused channels Sub and Ava.
Telia arranges media unit sale
Telia agreed a sale of its TV and Media business to established Norwegian specialist Schibsted Media for SEK6.6 billion.
Telia sells TV & Media to Schibsted Media for $615 million
Sweden's Telia Company said on Tuesday it has agreed to sell its TV & Media business to Schibsted Media at an enterprise value of 6.55 billion Swedish crowns ($614.99 million) on a cash and debt-free basis.
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Telia Company Offloads TV & Media Assets
Schibsted Media is buying Telia Company's TV and media businesses, including TV4 in Sweden, for SEK 6.55 billion ($617 million).
Telia Company Enters Pact to Divest TV & Media Business to Schibsted Media
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