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New Deal


Announced

RTL Group to acquire a 50% stake in Bedrock from Groupe M6.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Online and Social Platforms

Single Bidder

France

Majority

Friendly

Acquisition

Private

streaming platform

Cross Border

Synopsis

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RTL Group, a broadcasting company, to acquire a 50% stake in Bedrock, a technology company specialised in the design and development of streaming platforms, from Groupe M6, a media holding company. Financial terms were not disclosed. With this transaction, Groupe M6 and RTL Group aim to create a European leader in streaming technology. Bedrock’s capital may further be opened up to other shareholders. Completion of the transaction remains subject to consultation of employee representative bodies.

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