Spanish media group Prisa could be forced to divest its stake in pay-TV platform Digital Plus by TelefÃ³nica and Mediaset-owned Telecinco, according to local reports.
Under agreements struck last year that saw TelefÃ³nica and Telecinco each acquire a 22% stake in the pay-TV operator, Prisa could be forced to sell its remaining stake if there was a change in ownership of the media conglomerate. Earlier this year, Prisa struck a merger deal with US-based Liberty Acquisition Holding ahead of a planned flotation on the New York stock exchange.
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31 October 2020 @ 18:00:01 UTC
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31 October 2020 @ 15:34:00 UTC