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Media giant Bertelsmann-RTL finally gives up selling M6

The media giant Bertelsmann, parent company of RTL Group, has decided to retain its majority stake of 48.

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Media giant Bertelsmann-RTL finally gives up selling M6

The media giant Bertelsmann, parent company of RTL Group, has decided to retain its majority stake of 48.3% in the M6 ​​Group, despite several "financially attractive" offers, it announced on Monday, October 3 in a press release. .

The Bertelsmann group sought to sell its majority stake in the capital of M6 after the failure of the merger with TF1, abandoned because of the reluctance of the Competition Authority. Its leader Thomas Rabe explained this reversal by "the legal risks and uncertainties" linked to the authorization of the sale by the various regulatory and competition authorities.

>> More information to come...

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