Telefonica’s €725m Spanish pay TV takeover offer accepted
Spanish media group Prisa has accepted Telefónica’s €725 bid for its 56% stake in pay TV platform Canal+’s holding company Distribuidora de Televisión Digital (DTS). The deal gives DTS a market value of €1.3 billion (US$1.8 billion) and, if approved by regulators, will give the telecom company a controlling stake of 78%, leaving Italy’s Mediaset […]
