Impresa confirmed today that negotiations are ongoing with the MFE group for the sale of up to 33% of shares, although no binding agreement has been reached yet.
Last Friday, October 31, the CMVM suspended Impresa’s shares, pending the release of relevant market information, following reports that Italy’s MFE was expected to acquire a stake in the owner of SIC by the end of the year.
Today’s information from Impresa follows a report in Jornal de Negócios, published this Tuesday, stating that MFE – MediaForEurope is set to inject up to 30 million euros to acquire a 33% shareholder position.
In addition to SIC and Expresso, the Impresa group owns SIC Radical, SIC Mulher, SIC Caras, K SIC, SIC Novelas, SIC Internacional, SIC Esperança, Blitz, and the streaming platform Opto, among other brands.
The Italian MFE group is majority-owned by Fininvest, controlled by the family of former Italian Prime Minister Silvio Berlusconi, and is striving to become Europe’s leading TV and media operator.
