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MTG completes acquisition of remaining shares in TV 2 Sport in Denmark

Thursday, 20 December 2012
Modern Times Group MTG AB (publ.) (‘MTG’ or ‘the Group’), the international entertainment broadcasting group, today announced that it has completed the acquisition of the remaining 49% of the shares in the Danish joint venture company TV 2 Sport A/S (‘TV 2 Sport’) from TV 2 DANMARK A/S (‘TV 2 Denmark’). The completion follows the receipt of regulatory approval from the Danish Competition and Consumer Authority.

The payment for the shares comprises an undisclosed cash consideration and the transfer of the exclusive Danish broadcasting rights to the European Handball Championships for 2016 and 2018 from MTG to TV 2 Denmark.
Based on a press release

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