Ad hoc Publication pursuant to Sec. 15 German Securities Trading Act (WpHG): ProSiebenSat.1 Group sells Pay-TV company C More to Swedish TV4
Munich, June 16, 2008. ProSiebenSat.1 Group is to sell the C More Group AB to Swedish broadcaster TV4. The respective share purchase agreement was signed today. C More Group AB is the holding company for the Pay-TV activities of the ProSiebenSat.1 Group in Denmark, Finland, Norway and Sweden. The buyer, TV4 AB, is part of the Swedish Bonnier Group. The enterprise value underlying the transaction amounts to ca. SEK 3 billion. This corresponds to approximately EUR 320 million. The closing of the transaction is subject to approval by antitrust authorities. Contact:
Julian Geist
Head of
Corporate Communications
ProSiebenSat.1 Media AG
Medienallee 7
D-85774 Unterföhring
Ph. +49 [89] 95 07-1151
Fax +49 [89] 95 07-1184
email:
Julian.Geist@ProSiebenSat1.com
Press release online:
www.ProSiebenSat1.com