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New Deal


Announced

Completed

beIN MEDIA GROUP completed the acquisition of Digiturk.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Turkey

television

Completed

Single Bidder

Cross Border

Private

Majority

Satellite

Friendly

Acquisition

Private Equity

Synopsis

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beIN MEDIA GROUP, an independent global sport and entertainment network, completed the acquisition of Digiturk, a Turkish satellite television provider. Financial terms were not disclosed. “The acquisition of Digiturk is a key milestone in our vision of global expansion and our commitment to provide the highest quality broadcast experience in high growth potential and mature markets. Expansion into the Turkish market is a natural next step for the beIN MEDIA GROUP due to proximity of Turkish market to MENA region. We look forward to further strengthening the Digiturk platform and advancing the exciting dynamics of the Turkish Pay-TV and Sports market," Nasser Al-Khelaïfi, beIN MEDIA Chairman and Chief Executive Officer.

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