{"id":4596,"date":"2013-04-30T00:00:00","date_gmt":"2013-04-30T00:00:00","guid":{"rendered":"http:\/\/worldscreen.com\/tveurope\/2013\/04\/30\/bertelsmann-raises-1-8-billion-from-rtl-shares\/"},"modified":"2013-04-30T00:00:00","modified_gmt":"2013-04-30T00:00:00","slug":"bertelsmann-raises-1-8-billion-from-rtl-shares","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tveurope\/2013\/04\/30\/bertelsmann-raises-1-8-billion-from-rtl-shares\/","title":{"rendered":"Bertelsmann Raises $1.8 Billion from RTL Shares"},"content":{"rendered":"
COLOGNE: Bertelsmann has grossed 1.4 billion euros ($1.8 billion) after selling 25.5 million RTL shares, at a price of 55.50 euros ($72.50) per share. <\/span><\/span><\/p>\n Following the sale, Bertelsmann reduced its holding in the broadcaster to 75.1 percent, from its previous 92.3 percent. Earlier this month, a share price was set between 54 and 62 euros per share, meaning that the sales were at the lower end. <\/span><\/span><\/p>\n By reducing its stake and making money from the sales, Bertelsmann is looking to fund its global expansion strategy. <\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":" COLOGNE: Bertelsmann has grossed 1.4 billion euros ($1.8 billion) after selling 25.5 million RTL shares, at a price of 55.50 euros ($72.50) per share. Following the sale, Bertelsmann reduced its holding in the broadcaster to 75.1 percent, from its previous 92.3 percent. Earlier this month, a share price was set between 54 and 62 euros …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[],"class_list":["post-4596","post","type-post","status-publish","format-standard","","category-top-stories"],"yoast_head":"\n