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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 ...