Univision, Televisa agree $4.8bn merger

Univision, Televisa agree $4.8bn merger
US Hispanic broadcaster Univision has bought the content and media assets of Mexican media company Televisa in a US$4.8bn deal through which the companies will merge to form Televisa-Univision.
Wade Davis
The deal comprises a transaction of US$3bn in cash, US$1.5bn in Univision equity and US$300m from other sources.
Televisa will be the largest shareholder in the new company, with a 45% stake. The deal is expected to be finalised later this year, although both parties have already signed it off.
Univision CEO Wade Davis will head the new company, with Televisa co-CEO Alfonso de Angoitia becoming executive chairman on the new board of directors.

Related Keywords

Mexico , Spain , Spanish , Mexican , Wade Davis , Ceos Bernardo , Google , Jp Morgan , Softbank Latin American Fund , Raine Group , Sky Mexico , Latin American Fund , மெக்ஸிகோ , ஸ்பெயின் , ஸ்பானிஷ் , மெக்ஸிகன் , வேட் டேவிஸ் , கூகிள் , ஜ்ப் மோர்கன் , மழை குழு , வானம் மெக்ஸிகோ , லத்தீன் அமெரிக்கன் நிதி ,