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PPF Group to acquire Central European Media Enterprises for USD 2.1 bln

2019-10-28 08:44:00| Telecompaper Headlines

(Telecompaper) Czechia's PPF Group is expanding in the media sector with an agreement to acquire Central European Media Enterprises for USD 2.1 billion. The company will pay USD 4.58 per share for the broadcast group, a 32 percent premium to CME's share price in March, when it announced it was looking for buyers. 

Tags: group media central enterprises

Category:Telecommunications

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