PPF Group acquisition of Nova Broadcasting Group

26/2/2018

Private acquisition

Status:

Announced

Date:

26/2/2018

Overview:

PPF Group has acquired Nova Broadcasting Group.
95% of the shares were acquired from the Modern Times Group.
Nova is a media group of several TV channels and online businesses.
The acquirer is a Czech investment fund operating in different markets.

Katrin Kostadinova - Data analyst

Jurisdiction:

Bulgaria

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Bulgaria

Industry sector:

Media

Firms:

Allen & Overy

Party: Modern Times Group (MTG) (Seller)

CMS Cameron McKenna Nabarro Olswang

Party: PPF Group (Acquirer)

Lawyer: Helen Rodwell

Spasov & Bratanov

Party: Modern Times Group (MTG) (Seller)

Lawyer: Georgi Spasov

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