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New Deal


Announced

ViacomCBS to acquire Chilevision from WarnerMedia.

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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Friendly

Single Bidder

Private

Radio and TV Broadcasters

Pending

Acquisition

Cross Border

television channel

Chile

television network

Majority

Synopsis

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ViacomCBS Networks International, an international division of ViacomCBS, agreed to acquire Chilevision, a television network, from WarnerMedia, a multinational mass media and entertainment conglomerate. The transaction is subject to customary regulatory approvals and closing conditions. Financial terms were not disclosed. “Latin America is one of the world’s fastest-growing streaming markets, and Chilevisión will be a key driver of our accelerated streaming strategy in the region. Chilevisión is an extraordinary addition to our existing business in Latin America and will fortify ViacomCBS’s position as a premier Spanish language content producer,” Raffaele Annecchino, ViacomCBS Networks International President and CEO.

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