Greek company Audiovisual Enterprises buys Prooptiki

Audiovisual Enterprises, the only publicly listed Greekentertainment media group, has bought out its rival Prooptiki.The acquisition worth $25.3m (21m Euros) places Audiovisual at the forefront oftheatrical distribution and further consolidates its lead position in video-DVDdistribution. Prooptiki's former share holders, Managing Director Mitropoulos and deputy Irini Souganidou will head updistribution of ...

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