ProSiebenSat.1 Media AG / Strategic Company Decision
16.06.2008
Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Ad hoc Publication pursuant to Sec. 15 German Securities Trading Act (WpHG)
ProSiebenSat.1 Group sells Pay-TV company C More to Swedish TV4
Munich, June 16, 2008. ProSiebenSat.1 Group is to sell the C More Group AB
to Swedish broadcaster TV4. The respective share purchase agreement was
signed today. C More Group AB is the holding company for the Pay-TV
activities of the ProSiebenSat.1 Group in Denmark, Finland, Norway and
Sweden. The buyer, TV4 AB, is part of the Swedish Bonnier Group. The
enterprise value underlying the transaction amounts to ca. SEK 3 billion.
This corresponds to approximately EUR 320 million. The closing of the
transaction is subject to approval by antitrust authorities.
Contact:
Julian Geist
Head of
Corporate Communications
ProSiebenSat.1 Media AG
Medienallee 7
D-85774 Unterföhring
Ph. +49 [89] 95 07-1151
Fax +49 [89] 95 07-1184
email:
Julian.Geist@ProSiebenSat1.com
Press release online:
www.ProSiebenSat1.com
DGAP 16.06.2008
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Language: English
Issuer: ProSiebenSat.1 Media AG
Medienallee 7
85774 Unterföhring
Deutschland
Phone: +49 (0)89 9507-1180
Fax: +49 (0)89 9507-1184
E-mail: Katja.Pichler@ProSiebenSat1.com
Internet: www.prosiebensat1.com
ISIN: DE0007771172
WKN: 777117
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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DGAP-Adhoc: ProSiebenSat.1 Group sells Pay-TV company C More to Swedish TV4ProSiebenSat.1 Media AG:
| Source: EQS Group AG