CORRECTION RTL Group declines comment on report about Media Capital stake sale |
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Fri, 02 Feb 2007 13:02
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(Corrects to show Prisa is bidding 7.4 eur per share for Media Capital, not 7.5 eur)LUXEMBOURG (AFX) - Bertelsmann AG's RTL Group unit declined to confirm or deny a press report that it plans to sell its 33 pct stake in Grupo Media Capital SGPS to Promotora de Informaciones (Prisa), and that it is eying a stake in media group Impresa SGPS.A spokesman for RTL, a broadcasting and media company, said he would not comment on the report, but added his company is planning to issue a statement on its Media Capital shareholding at a later time, possibly today.Journal de Negocios said RTL, which will receive about 206 mln eur if it accepts Prisa's 7.4 eur per share bid for Media Capital, does not believe two large media groups can share control of the Portuguese broadcaster.newsdesk@afxnews.comjfb/ic/harCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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Bertelsmann's RTL declines comment on report about Media Capital stake sale 