KirchGroup will not acquire EM.TV shares

Germany's KirchGroup has announced that it will now not acquire a 16.74% stake and minority voting rights of 25.1% in the debt-ridden EM.TV & Merchandising and has withdrawn its application to the German cartel authority "in agreement with EM.TV".

SIGN IN if you have an account

Do you want to keep reading?

Register  for free access to five articles a month

Untitled design (14)

Subscribe today and unlock access to:

  • Unlimited film & TV news, reviews and analysis on Screendaily.com                                            
  • All print and/or digital editions of Screen magazine
  • Breaking news alerts sent straight to your inbox
  • Digital festival and market dailies
  • Weekly awards magazines

 

Access premium content Subscribe today

If you have an account you can SIGN IN now