After the merger, TF1 and M6 will buy France Télévisions’ stake in Salto – 03/24/2022 at 18:20


March 24 (Reuters) – TF1 TFFP.PA:

* DISPOSAL OF FRANCE TÉLÉVISIONS’ STAKE IN SALTO IN THE EVENT OF COMPLETION OF THE PROPOSED COMBINATION OF THE TF1 AND M6 GROUPS

* THROUGH THE AGREEMENT SIGNED TODAY, THE TF1 AND M6 GROUPS UNDERTAKE, IN THE EVENT OF THE COMPLETION OF THEIR MERGER PLAN, TO BUY THE 33.33% STAKE OF FRANCE TÉLÉVISIONS FOR A DEFINITIVE VALUE OF €45M

* THE NEW GROUP WOULD THEN HOLD 100% OF SALTO TO DEVELOP A STREAMING PROJECT

Original text: https://bit.ly/3835WFn For more details, click on TFFP.PA

(Editor from Gdansk)



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