(Reuters) - The combination of ProSiebenSat.1 and SBS, both majority-owned by private equity firms KKR and Permira , will create a pan-European rival to market leader RTL Group, owned by German media giant Bertelsmann .
The new group will be active in 13 European countries, owning assets including 24 free TV stations, 24 pay TV stations and 22 radio networks, ProSiebenSat.1 said.
Read more at Reuters.com Mergers News
The new group will be active in 13 European countries, owning assets including 24 free TV stations, 24 pay TV stations and 22 radio networks, ProSiebenSat.1 said.
Read more at Reuters.com Mergers News
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