Brief: Grupo Media Capital Sells Its Unit MCR II To Bauer Media

Grupo Media Capital SGPS SA

03/02/2022 17:52

Feb 3 (Reuters) - Grupo Media Capital SGPS SA  MCP.LS :
    * SOLD 100% SHARE CAPITAL OF ITS SUBSIDIARY MCR II - MEDIA
CAPITAL
RÁDIOS, S.A. TO BAUER MEDIA AUDIO HOLDING GMBH
    * PRICE OF TRANSACTION AMOUNTS TO 69.6 MILLION EUROS,
SUBJECT TO
ADJUSTMENTS AT CLOSING OF DEAL
    * THIS TRANSACTION WILL RESULT IN AN ACCOUNTING CAPITAL GAIN
IN
CONSOLIDATED ACCOUNTS OF MEDIA CAPITAL OF ABOUT 50.0 MILLION
EUROS

Source text for Eikon: https://bit.ly/32VT2Xt
Further company coverage:  MCP.LS 

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