Edition:
United Kingdom

Telenet To Fully Acquire De Vijver Media


Wednesday, 7 Mar 2018 

March 7 (Reuters) - TELENET GROUP HOLDING NV ::DE VIJVER MEDIA SHAREHOLDERS RE-DESIGN PARTNERSHIP.ENTERED INTO AGREEMENT WITH THE TWO OTHER SHAREHOLDERS OF DE VIJVER MEDIA NV TO FULLY ACQUIRE DE VIJVER MEDIA.TELENET BECOMES THE FULL OWNER OF COMMERCIAL CHANNELS VIER, VIJF AND ZES AND PRODUCTION HOUSE WOESTIJNVIS..SBS BELGIUM AND MEDIAHUIS SET UP AN ADVERTISING SALES OFFICE FOR ONLINE VIDEO AND CROSS-MEDIA CAMPAIGNS.ACQUISITION PRICE WAS NOT DISCLOSED.MEDIAHUIS NV AND WOUTER VANDENHAUTE AND ERIK WATTÉ WILL SELL THEIR RESPECTIVE STAKES OF 30 AND 20 PERCENT TO CO‍​. 

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