Greek company Audiovisual Enterprises buys Prooptiki
By Alexis Grivas2006-01-06T13:10:00
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 ...