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United Group announced the agreement to buy Nova Broadcasting last month, without disclosing financial terms, but Bulgarian media reports put the value of the deal at about 300 million euro. Nova comprises of 10 TV channels including national Nova TV, the country’s largest online platform Net Info that reaches on average 80 per cent of the Bulgarian population every month as well as four radio stations. United Group, owned by London-based private equity firm BC Partners, currently offers pay TV, internet and telecommunications services in Bulgaria, Greece and the six former Yugoslav republics. It closed the deal to buy Vivacom, one of Bulgaria’s three major telecom operators, in July 2020.

Czech republicCity ofUnited kingdomGeorgi domuschievPetr kellnerKiril domuschievEuropean commissionBulgaria advance media groupCentral european media enterprisesGtv media groupNova broadcasting groupBulgaria commission for protection of competitionUnited groupTimes groupNova broadcastingYnet info