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BREAKING NEWS

BREAKING NEWS

Spain's Mediapro stock listing a goal for medium, not short term - spokeswoman

Spain's Mediapro stock listing a goal for medium, not short term - spokeswoman
FILE PHOTO: The logo of the Spain's Mediapro media group is seen during a news conference after winning most of the TV rights of the French soccer Ligue 1 championship, in Paris, France, May 31, 2018. REUTERS/Philippe Wojazer -
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PHILIPPE WOJAZER(Reuters)
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MADRID (Reuters) – Spanish multimedia group Mediapro is not planning a stock market list in the short term though it is possible in the medium term, a spokeswoman said on Thursday after a media report said the company was considering an initial public offering.

Mediapro, which is controlled by China’s Orient Hontai and owns the rights to broadcast La Liga and the Champions League soccer tournaments in Spain, was eying a listing which would value it at 3 billion euros (£2.64 billion), El Confidencial reported.

(Reporting by Andres Gonzalez; Writing by Paul Day; Editing by Susan Fenton)

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