Endemol’s New Owners Secure 99.54-Percent Stake

HILVERSUM, August 7: After making a public offering last
month, Edam Acquisition, the Mediaset-led consortium that acquired Telefónica’s
75-percent stake in Endemol, now owns 99.54 percent of the format giant.

Edam consists of Mediaset, John De Mol’s Cyrte Investments
and Goldman Sachs. It acquired Telefónica’s majority stake in May for 2.6
billion euros, and picked up Cyrte’s 6 percent stake, before offering 24.55
euros per share for the outstanding stock. The tender offer closed August 3.

In related news, Endemol is applying to delist from the
Amsterdam stock exchange.