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MTPVY Metropole Television (PK)

12.4181
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Metropole Television (PK) USOTC:MTPVY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 12.418125 14.42 15.73 0.00 21:00:16

Bouygues, RTL Group Sign Agreements to Merge French TV Networks

08/07/2021 5:50pm

Dow Jones News


Metropole Television (PK) (USOTC:MTPVY)
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   By Mauro Orru 
 

Bouygues SA and RTL Group SA have signed agreements to merge French TV networks Television Francaise 1 SA and M6-Metropole Television SA, a move set to create a streaming-focused French operator.

The companies entered into exclusive talks in May over a merger between Bouygues-controlled TF1 and RTL-controlled M6.

Bouygues said Thursday that the signing came after employee representative bodies of the French construction-and-media conglomerate, TF1 and M6 all issued favorable opinions on the proposed merger.

The transaction should close by the end of 2022.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

July 08, 2021 12:45 ET (16:45 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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