Central European Media Enterprises Merger
Ppf group in a cash transaction valued at approximately us 2 1 billion.
Central european media enterprises merger. Central european media enterprises to be. Transaction valued at approximately us 2 1 billion us 4 58 per class a common share in cash 32 premium to unaffected share price central european media enterprises ltd. Central european media enterprises krizeneckeho nam. 1078 5 152 00 praha 5 czech republic.
Cetv today announced that it has entered into a definitive agreement to be acquired by an affiliate of ppf group n v. Ppf group in a cash transaction. Condensed consolidated statements of operations us 000 s except per share data unaudited for the three months ended june 30 2020. Central european media enterprises to be acquired by ppf transaction valued at approximately us 2 1 billion us 4 58 per class a common share in cash 32 premium to unaffected share price.
The commission s investigation confirmed that the proposed transaction will not have negative. Hamilton bermuda october 27 2019 central european media enterprises ltd. Central european media enterprises target announced a merger with ppf group buyer the investment vehicle of the richest man in the czech republic 40bn aum. Warnermedia controlled central european media enterprises which runs a stable of successful television and media outlets in bulgaria the czech republic romania the slovak republic and slovenia.
European commission press release details page european commission press release brussels 14 june 2013 the european commission has cleared under the eu merger regulation the proposed acquisition of central european media enterprises cme based in bermuda by time warner of the united states. Cetv today announced that it has entered into a definitive agreement to be acquired by an affiliate of ppf group n v. Shareholder approval was received in february basically at t agreed to sell its 75 stake in cetv. Cme or the company nasdaq prague stock exchange.
Central european media enterprises ltd. Consideration stands at 4 58 share in cash 2 1bn in total. This communication relates to a proposed merger between cme and an affiliate of ppf group n v. Central european media enterprises ltd.