Tag: Nova Broadcasting Group

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).

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.

MTG’s Nova Broadcasting Group has secured the exclusive rights to air live English Premier League football for the 2019-20 to 2021-22 seasons in Bulgaria.

The Bulgarian Commission for Protection of Competition (CPC) has stopped the proposed sale of MTG's majority stake in Nova Broadcasting Group to the Czech investment conglomerate PPF Group.

MTG has signed an agreement to sell its 95 percent shareholding in Nova Broadcasting Group in Bulgaria to PPF Group, the investment company controlled by Petr Kellner.