Announced
Financials
Tags
Pending
Entertainment
Single Bidder
Private
Majority
digital entertainment
Friendly
United States
Acquisition
Cross Border
Synopsis
Grupo Werthein, a holding company, agreed to acquire Vrio, a digital entertainment services company, from AT&T. Financial terms were not disclosed. The companies expect the transaction to close in early 2022. “This transaction will further allow us to sharpen our focus on investing in connectivity for customers. We remain committed to Latin America through our wireless business in Mexico and services for multinational corporations operating in the region,” Lori Lee, AT&T Latin America CEO.
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