Bertelsmann mulls control of RTL
December 5, 2007
Bertelsmann is considering taking full control of RTL Group, Europe's largest broadcaster. Bertelsmann confirmed a WSJ report that it was possible it would make an offer for the 10.2 per cent of RTL it does not already own, but cautioned that this had yet to be approved by its supervisory and management boards.
Buying the remainder of RTL would secure full control of one of Bertelsmann's fastest-growing businesses, at a time when outsiders are questioning the growth prospects for some of its other businesses. The proposed buyout could cost about E1 billion.
Other posts by :
- Amazon Leo gains South Africa link
- Eutelsat wants an extra 528 satellites
- FCC approves orbital space mirrors
- Analysts: “Unknown Unknowns for SpaceX”
- Ligado’s bankruptcy clean-up continues
- Arianespace to offer ‘rideshare’ launches
- Space industry warns Europe must do more
- Banks increase SpaceX forecasts
- Orbex bankruptcy details released
