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Media Capital wants to buy 100% of Cofina

On Tuesday, Media Capital told the Portuguese Securities Market Commission (CMVM) that it “remains interested in acquiring 100% of the share capital of Cofina Media.” [detém CM e CMTV]” can be read in the note.

The owner of TVI also reports that she is “committed to participate in the disposal process of said asset, which may be promoted by Cofina, be organized by auction model or otherwise, and provided that it is guided by objective and transparent rules, when submitting an offer that attributes to Cofina a higher enterprise value of more than 75 million euros.”

As a reminder, Luis Santana, CEO of Cofina Media, along with other employees, is preparing a management buyout (MBO) for a company in which Cristiano Ronaldo is a shareholder.

Author: morning Post
Source: CM Jornal

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