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Announced

Czech Media-backed IMI to acquire Editis from Vivendi.

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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Acquisition

Private

Private Equity

Cross Border

France

book publishing

Publishing

Single Bidder

Majority

Friendly

Pending

Synopsis

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Czech Media-backed IMI, an investment company, agreed to acquire Editis, a group of publishing companies, from Vivendi, a mass media company. Financial terms were not disclosed. Czech Media Invest is a holding company that focuses on the acquisition and management of media assets across CEE. Founded and majority owned by the Czech billionaire Daniel Kretinsky, its interests are predominantly in the print and radio sectors but also include the streaming service Mall.TV.

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