Radar > 240722

Telefónica could sell Telefé before year's-end

Telefónica podría vender Telefe antes de finales de año

Intel ID : 240722
Synopsis

Telefónica (BME:TFE), a Spain-based telecommunications company, could sell Telefé, an Argentine TV channel, for approximately EUR 400m in 4Q16, reported El Economista on 19 September 2016, citing sources familiar.

Some of the companies interested in the acquisition would be US-based Time Warner (NYSE:TWX) and Viacom (NYSE:VIA), as well as Venezuela-based Cisneros Group (see related intel).
(content in spanish)

Telefónica (BME: TFE), empresa de telecomunicaciones española, podría vender Telefé, canal de televisión argentino, por aproximadamente EUR 400m en el cuarto trimestre de 2016, según ha informado El Economista el 19 de septiembre de 2016, basándose en fuentes consultadas por el propio medio.

Algunas de las compañías que estarían interesadas en su adquisición son las estadounidenses Time Warrner (NYSE: TWX) y Viacom (NYSE:VIA), y la venezolana Cisneros Group (ver Intel relacionada).

Bidder

Time Warner
United States
ViacomCBS
United States

Target

Telefé
Argentina

Seller


Intel ID 240722
Value ND
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Marketing and Advertising (Primary)
Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Media, Multimedia and Editorial (Primary)
Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Media, Multimedia and Editorial (Primary)
Primary Sector (TTRSC)
45.01.01 Film Production & Distribution
45 Media, Entertainment & Information Services / 45.01 Entertainment

Secondary Sectors (TTRSC)
45.01.04 Streaming Content Services
45 Media, Entertainment & Information Services / 45.01 Entertainment

45.02.06 Television Broadcasting & Programming
45 Media, Entertainment & Information Services / 45.02 Media & Information Services

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Media, Multimedia and Editorial (Primary)
Primary Sector (TTRSC)
45.02.06 Television Broadcasting & Programming
45 Media, Entertainment & Information Services / 45.02 Media & Information Services

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.02.01 Integrated Communication Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.