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BRIEF-M6 signs acquisition contract for RTL's French radio division
September 1, 2017 / 4:23 PM / 3 months ago

BRIEF-M6 signs acquisition contract for RTL's French radio division

Sept 1 (Reuters) - METROPOLE TELEVISION SA:

* SIGNED ACQUISITION CONTRACT FOR RTL‘S FRENCH RADIO DIVISION

* EFFECTIVE COMPLETION DATE FOR TRANSACTION HAS BEEN SET AT 1 OCTOBER 2017

* RADIO DIVISION‘S FINANCIAL PERFORMANCE WILL THEREFORE BE CONSOLIDATED IN M6 GROUP‘S FINANCIAL STATEMENTS WITH EFFECT FROM THIS DATE

* WILL INTRODUCE A SINGLE STRUCTURE AS OF LAST QUARTER OF 2017

* CONFIRMS THAT IT HAS SECURED EXTERNAL FUNDING OF EUR 170 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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