Announced
Financials
Sources
Tags
Friendly
Acquisition
Belgium
Private
Single Bidder
Majority
Pending
Domestic
media company
Media Agencies
Synopsis
Belgian media companies DPG Media and Rossel agreed to acquire RTL Belgium, the Belgian unit of RTL Group, an international media company based in Luxembourg, for €250m ($298m). "DPG Media and Groupe Rossel are strong cross-media companies that are well equipped to accelerate RTL Belgium’s digital transformation. The sale is in line with our strategy and the best strategic option for RTL Belgium, its dedicated employees and our shareholders," Elmar Heggen, RTL Group COO and Deputy CEO.
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