Brief: Squirrel Media Buys 64% Stake In Canal Deporte TV

Squirrel Media SA

20/10/2022 17:54

Oct 20 (Reuters) - Squirrel Media SA  SQRL.MC :
    * BUYS CANAL DEPORTE
    * IT HAS PROCEEDED TO THE ACQUISITION OF 64% OF THE SHARES OF CANAL DEPORTE TV, S.A.
    * IT IS ACQUIRED WITH PERMANENCE OF MANAGEMENT TEAM AND HAS BEEN FULLY FINANCED BY COMPANY'S
OWN
FUNDS
    * CURRENTLY IN NEGOTIATIONS WITH THIRD PARTIES FOR THE INTEGRATION OF OTHER COMPANIES WITH
SIMILAR
CHARACTERISTICS
    * CONSEQUENTLY, AND TO AVOID INTERFERENCE IN THESE NEGOTIATIONS, THE COMPANY HAS DECIDED NOT
TO
PROVIDE AT THIS TIME THE AMOUNT OF REPORTED TRANSACTION

Source text for Eikon:  ID:nCNM8vzSdK 
Further company coverage:  SQRL.MC 
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