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The World: Madrid - Acquisition reinforces RCS position in Spanish media.(RCS MediaGroup S.p.A.)(Brief article)

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| March 02, 2007 | COPYRIGHT 2007 Haymarket Business Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Italy's RCS MediaGroup is set to become the biggest player in the Spanish daily press sector with the purchase of Recoletos Grupo de Comunicacion.

RCS has offered EUR1.1 billion for Recoletos, which has press, radio, TV and online interests. It publishes the daily sports paper Marca, the financial daily Expansion, the magazines Telva and Actualidad Economica and has a 27.7 per cent stake in ...

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