Baring Vostok

MTG sells Russian, international channels for US$45.5m

Modern Times Group (MTG) has completed the sale of its Russian and international pay TV channel businesses for a total of US$45.5 million. Russian company LLC Sinerdzhi has acquired the Russian channels business while Sabiero Holdings Limited, a subsidiary of private equity firm Baring Vostok, has acquired MTG’s international channels business. The deal, which is […]