Televisa Confirms Endemol Interest

MEXICO CITY, April 26: Televisa chief Emilio Azcárraga Jean has confirmed that the Mexican media giant is eyeing the acquisition of Endemol.

Azcárraga, Televisa’s chairman and CEO, told Reuters at an event in Mexico City yesterday: "We’re looking at investment opportunities in Televisa’s business areas, in production, distribution and entertainment. Obviously, Endemol is a good opportunity and we’re studying it, and we’ll see what can be done."

Among the other outfits looking to take control of Endemol are the private equity firm Thomas H. Lee Partners, John de Mol’s Cyrte and Italy’s Mediaset. Spain’s Telefonica is seeking a buyer for part or all of its 75 percent stake in Endemol.