Brief: Media Capital Confirms It Held Talks To Buy Nowo Communications

Grupo Media Capital SGPS SA

07/08/2024 06:34

Aug 7 (Reuters) - Grupo Media Capital SGPS SA  MCP.LS :
    * SAID ON TUESDAY IT HELD TALKS IN RECENT WEEKS FOR
POTENTIAL
ACQUISITION OF NOWO COMMUNICATIONS
    * IT HAS NOT BEEN POSSIBLE TO REACH AGREEMENT WITH OWNER OF
ENTITY
    * RECOGNISES AS LEGITIMATE RIGHT OF NOWO'S SHAREHOLDERS TO
PUT AN
END TO NEGOTIATIONS
    * WILL REMAIN ATTENTIVE TO OPPORTUNITIES THAT ARISE FOR
INTEGRATING AUDIOVISUAL PRODUCTION WITH CONTENT DISTRIBUTION

        
 Source text: https://tinyurl.com/zxcn9ndt,  urn:newsml:reuters.com:*:nFWN3JE1GJ,
 urn:newsml:reuters.com:*:nFWN3JE1GJ
 Further company coverage:  MCP.LS  

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