An agreement to buy some newspapers and magazines from Global Media and TSF by a group of investors and businessmen led by Diogo Freitas has already been signed, sources connected to the process told Lusa on Tuesday.
On Friday, businessman Diogo Freitas of Officetotal Food Brands confirmed to Lusa that the bond purchase agreement had been closed but still needed to be signed.
According to Lusa’s contacts, the agreement was signed on Tuesday and the money has already been transferred to ensure that workers are paid their January salaries.
The cost of the operation is unknown.
Also on Friday, shareholders Marco Galinha, Kevin Ho, Mendes Ferreira and José Pedro Soeiro announced that there was a “principle of mutual understanding” to find a solution for Global Media and that salaries would be paid by the 7th, Wednesday.
Diogo Freitas leads a group of investors and businessmen from Portugal who on January 12 expressed interest in buying Jornal de Notícias (JN), O Jogo, JN História, Notícias Magazine, Evasões and Volta do Mundo, as well as most of the capital. from Sociedade Notícias Direct, as well as TSF.
The agreement includes the purchase of “JN, TSF and other smaller journals,” according to a statement released last month, he added, without elaborating.
“We are a group of investors and businessmen from different regions of Portugal, with a particular focus on the north of the country, who are watching with concern recent events that call into question the stability of GMG, the reputation of its brands and the employment of its employees. Professionals,” reads the offer of intent to purchase addressed to Global Media shareholders, which Lusa had access to in January.
According to a statement at the time, the purchase of these publications was based on the creation of a new company, where the brands and their specialists would be transferred, and the transfer of part of the capital to a cooperative of journalists and other workers. he highlights the sentence.
Author: Lusa
Source: CM Jornal
I’m Tifany Hawkins, a professional journalist with years of experience in news reporting. I currently work for a prominent news website and write articles for 24NewsReporters as an author. My primary focus is on economy-related stories, though I am also experienced in several other areas of journalism.