Vivendi/Canal+ Group have announced that they will acquire the remaining 9.9% that TF1 still holds in Canal+ France. The transaction, worth €744 million, will be closed before the end of this year.
The protracted sales of process of the Spanish DTH platform Digital+ has taken a further twist, with the free-to-air channel Cuatro potentially a part of the package. The Berlusconi owned Mediaset has been named by the Italian press as a potential suitor with Telefonica on board as a local partner.
The Vivendi and Telefonica consortium has set a flexible bid for the possible purchase of Digital+. The final price will depend on the development of the platform’s financial results.