Home › Televisa to acquire Mexican pay-TV operator Cablecom
 

Keywords :   


Televisa to acquire Mexican pay-TV operator Cablecom

2013-08-02 09:13:00| Telecompaper Headlines

(Telecompaper) Mexican broadcaster and media group Grupo Televisa has announced an investment of MXN 7 billion (approximately USD 546 million) in convertible debt instruments which will allow it to acquire 95 percent of the equity interest of Tenedora Ares, owner of 51 percent of pay-TV operator Cablecom. In addition, Ares will have an option to acquire in the future the remaining 49 percent of the equity interest of Cablecom. As part of this transaction, Televisa also invested approximately MXN 2.5 billion in a debt instruments issued by Ares. The transaction is pending regulatory approval.

Tags: operator mexican acquire televisa

Category:Telecommunications

Latest from this category

All news
»
03.07Hurricane Beryl Graphics
03.07Hurricane Beryl Public Advisory Number 18A
03.07Summary for Hurricane Beryl (AT2/AL022024)
03.07Eastern North Pacific Tropical Weather Outlook
03.07Atlantic Tropical Weather Outlook
03.07Benefits of benchmarking in the pork industry
03.07Hurricane Beryl Graphics
03.07Hurricane Beryl Forecast Discussion Number 18
More »