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New Deal


Announced

Czech News Agency to acquire Profimedia.

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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Single Bidder

Photography Services

Czechia

Consumer Services: Other

Acquisition

Domestic

Private

Majority

Pending

Friendly

Synopsis

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Czech News Agency, a public service news agency, agreed to acquire Profimedia, a photographic services provider. Financial terms are not disclosed. "ČTK has the largest national photo bank and a rich historical photo archive, to which current images are being added every moment. By joining with the largest provider of image material from abroad, which represents many of the world's top photo banks, we will offer our clients new services," Jiří Majstr, ČTK CEO.

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