Announced
Financials
Tags
Netherlands
Acquisition
Cross Border
Private
Friendly
Single Bidder
Radio and TV Broadcasters
Majority
Pending
radio station
Synopsis
Mediahuis group, a European media group, agreed to acquire Radio Veronica, a Dutch commercial radio station, from Talpa Network, a media conglomerate. Financial terms were not disclosed. For Mediahuis, the acquisitions represent a significant expansion of its existing radio brand portfolio, alongside Sublime and Nostalgie. The acquisitions enable Mediahuis to offer listeners, advertisers and media agencies a stronger audio offering, and therefore a wider and better reach. The position of Mediahuis as a cross-media partner is thus greatly enhanced.
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