Nova Broadcasting Group


United Group names new Nova Broadcasting and Vivacom chiefs

South-eastern European service provider United Group has named Dirk Gerkens as CEO of Bulgaria’s Nova Broadcasting Group and Nikolai Andreev as CEO of Bulgarian service provider subsidiary Vivacom. United Group announced on Wednesday that it has appointed Andreev, currently CEO of Nova Broadcastng Group, as CEO of Vivacom, effective 1 December. Andreev succeeds Atanas Dobrev […]

United Group in talks to buy Bulgaria’s Nova Broadcasting Group

United Group, the Balkan telco and media company, in talks to acquire Bulgaria’s leading media company Nova Broadcasting Group. The announcement of talks were made by United Group owner BC Partners, with the private equity firm confirming that it was in the midst of discussions with Nova owner Advance Media Group. A potential deal comes […]

MTG sells Bulgaria’s Nova Group at €185m valuation

MTG has agreed to sell its 95% shareholding in Bulgaria’s Nova Broadcasting Group to Advance Media Group in a deal that values the full business at €185 million (SEK 1,917 million). MTG said it would use the proceeds of the deal to develop its digital entertainment verticals via organic investment in mergers and acquisitions, with […]