Mexico's Televisa says agreed to sell stake in shopping channel

CJ ENM

13/03/2018 16:43

MEXICO CITY, March 13 (Reuters) - Mexico's Grupo Televisa
said on Tuesday it had sold its 50 percent stake in shopping
channel Televisa CJ Grand, as new management sells off non-core
parts of the company.    
    Televisa said it had agreed to sell its 50 percent stake in
the joint venture with Korea's CJ O Shopping Ltd.
    The company, whose two co-chief executives took over in
January, sold it's stakes in Spanish media group Imagina and
Editorial Atlantida, an Argentine publishing group, in February.

 (Reporting by Veronica Gomez)
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