Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Wealthiest Czech businessman buys Bulgaria’s bTV

Photo: Pixabay

Czech businessman Petr Kellner is buying the biggest Bulgarian television group bTV.

Kellner’s PPF Group has announced that it is acquiring bTV’s parent company - Central European Media Enterprises (СМЕ). CME on its part announced that the transaction is for USD 2.1 billion. The acquisition will be concluded by mid-2020. Before that it will have to be approved by the CME’s shareholders’ meeting, the antitrust commissions in the respective countries and by the European Commission. CME is owner of bTV and of the TV groups in the Czech Republic (Nova), in Romania (PRO TV), in Slovakia Markíza) and in Slovenia (POP TV). 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Gallup: 38% of Bulgarians are wary of AI development

Attitudes towards the development of artificial intelligence are divided among Bulgarians, but concern seems to prevail. This is the conclusion of a survey by Gallup International.  According to the poll, 21 per cent of respondents see more..

published on 5/7/24 5:14 PM
Росица Матева

Election preparations proceeding normally, says CEC spokeswoman

Preparations for the 9 June elections are proceeding normally and on time, Deputy Chairperson and Spokesperson of the Central Election Commission (CEC) Rositsa Mateva told a news briefing. She also recalled that today was the deadline for parties..

published on 5/7/24 5:01 PM
Васил Божков

Court replaces Vasil Bozhkov's house arrest with bail of 66 thousand euro

The Sofia City Court has replaced the house arrest of tycoon Vasil Bozhkov with a cash bail. He will have to pay 130 000 leva (66 468 euro).  He was charged with several offences, including unpaid taxes of half a billion leva (250 million euro) from..

published on 5/7/24 3:32 PM