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The World: Prague - Modern Times takes 50 per cent stake in GES for EUR96m.(GES Media Europe)(Brief Article)
The Swedish media giant the Modern Times Group has acquired a 50 per cent stake in GES Media Europe, the owner of the Czech Republic TV channel Prima TV for EUR96 million.
The deal will see GES renamed as TV Prima Holdings. Martin Dvorak will remain as its chief executive, but MTG will choose three of the six board members.
Prima TV is the ...
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...September 30 that it has acquired a 50% stake in the Czech GES Media Holding (GMH) group for euro 96 million. GMH owns...settled in cash with the Czech group's mother company GES Media Europe BV. The deal has still to be approved by the Czech...
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...said today. PRAGUE - Modern Times Group (MTG) of Sweden is buying 50 percent of Czech commercial TV Prima from GES Media Europe for EUR96m (Kc2.8bn) and wants to strengthen Prima's positions in the Czech market and raise its market share...
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