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Monday, November 25, 2024

Tag: MTG

February 22, 2019 Top Stories

MTG Sells Off Nova

February 22, 2019

MTG is selling its shareholding in Bulgaria's Nova Broadcasting Group to Advance Media Group in a deal that values the business at €185 million ($210 million).

January 7, 2019 Top Stories

MTG Secures New Financing

January 7, 2019

MTG has secured a SEK 1 billion ($112 million) credit facility from Nordea, which will provide additional funding for MTG after the spin-off of Nordic Entertainment Group.

October 23, 2018 Top Stories

Nordic Entertainment Delivers for MTG’s Q3

October 23, 2018

MTG reported record Q3 sales, with 3 percent organic growth, as well as a 28 percent increase in operating profits, even when including SEK 7 million ($775,000) in transaction costs related to the company's split.

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October 1, 2018 Top Stories

MTG Ups ESL Stake

October 1, 2018

MTG has increased its interest in leading eSports company Turtle Entertainment to 82.48 percent for 14.3 million euros ($16.6 million) in cash.

March 23, 2018 Top Stories

MTG Being Split in Two

March 23, 2018

Modern Times Group (MTG) has started the process of splitting into two companies, with plans to distribute all shares of its Nordic TV business, Nordic Entertainment Group, to MTG's shareholders.
























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