.
MergerLinks Header Logo

Announced

Completed

CME completed the acquisition of RTL Croatia from RTL Group for $57m.

Financials

Edit Data
Transaction Value£41m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Majority

broadcasting

Friendly

Radio and TV Broadcasters

Cross Border

Acquisition

Single Bidder

Croatia

Private

Disposal

Completed

Synopsis

Edit

Central European Media Enterprises, a media and entertainment company, completed the acquisition of RTL Croatia from RTL Group, a media group, for $57m. "The sale of RTL Croatia is in line with our strategy to lead TV consolidation in Europe. On behalf of RTL Group, I would like to thank the whole team at RTL Croatia for their outstanding achievements since the launch of RTL Televizija in 2004. My personal thanks go to CEO Marc Puškarić – under his leadership, RTL Croatia’s digital transformation progressed significantly, and the company kept its clear focus throughout the sales process," Elmar Heggen, RTL Group COO and Deputy CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US