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The World: Stockholm - Battle for TV4 hots up with MTG sale.(Modern Times Group MTG AB, )(Brief Article)
The Modern Times Group has sold its 15.1 per cent share in the Swedish television channel TV4 to Proventus, a Swedish investment company, adding a fresh twist to the ongoing fight for control of the channel.
The sale makes Proventus the fourth- largest shareholder, after the Swedish media giant Bonnier, the Finnish media company Alma Media, and Schibsted, a Norwegian media group.
Earlier this year, Schibsted bought an option to ...
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