February 20, 2017 / 6:00 AM / 5 months ago

BRIEF-Mediahuis/VP Exploitatie raise offer for TMG to EUR 5.90/share

1 Min Read

Feb 20 (Reuters) - Mediahuis/VP Exploitatie:

* Mediahuis and VP Exploitatie confirmed on Sunday their intended combined bid on Telegraaf Media Group NV

* Say raise indicative non-binding offer to 5.90 euros ($6.26) per share

* Say acquired 6.7 pct Navitas stake in TMG

* Say certainty over nearly 60 pct of TMG shares

* Say will submit offer with the AFM by March 8 Source text: bit.ly/2mdmgGn Further company coverage: ($1 = 0.9422 euros) (Gdynia Newsroom)

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