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New Deal


Announced

MBC Group to invest €225m in Antenna Group.

Financials

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Transaction Value£188m
Consideration TypeCash
Capital Owned-
Capital Bid For30%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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media broadcasting

Acquisition

Pending

Radio and TV Broadcasters

Minority

Single Bidder

Cross Border

Friendly

Greece

Private

Synopsis

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MBC Group, the largest media company in the Middle East & North Africa region based in Dubai, agreed to invest €225m in Antenna Group, a privately owned international technology, media and entertainment company. The funds will be dedicated to the creation of state-of-the-art studios and infrastructure with international standards in Greece, in order to attract television and film producers from all over the world.

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