28.02.2022 - Regulatory News: M6 Group (Paris:MMT) announces that it has received a put option for the channel 6ter from Altice Media, and that it has granted it exclusive negotiation rights. The sale of 6ter would be part of the proposed merger of the M6 and .
Danish Povlsen family Bestseller in UK Asos Top Shop deal Anders Holch Povlsen, the second-generation Danish online retail billionaire, is behind the £295 million ($403 million) acquisition for UK high street names Topshop, Topman and Miss Selfridge. Povlsen (pictured), 48, is the chief executive of Bestseller, the $3.8 billion family-owned fashion company of more than 20 brands including Jack & Jones, Only & Sons and Vera Moda. Bestseller is also the majority shareholder at 26% of Asos, the UK’s largest $1.3 billion online retailer, for “fashion-loving 20-somethings around the world.” Asos completed this week its buy-out of the three UK brands and activewear collection HIIT, plus £30 million ($41 million) worth of stock, from Sir Philip Green’s collapsed Arcadia group. The e-tailer pledged to develop its new additions using its design, marketing, technology and logistics expertise. However, Asos was investing in clicks, not bricks. The flagship Top Shop store on Lond
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PARIS (Reuters) - Germany’s Bertelsmann has approached potential bidders including French media giant Vivendi and Altice Europe about selling its controlling stake in French broadcast group M6, sources close to the matter told Reuters.
FILE PHOTO: Pencils with the logo of German media group Bertelsmann CEO are seen at the annual news conference Berlin, Germany, March 22, 2016. REUTERS/Fabrizio Bensch/File Photo
Bertelsmann is hoping for a deal potentially worth about 3 billion euros ($3.6 billion) for Metropole Television SA, commonly known as M6 Group and home to France’s biggest private radio station, RTL, two sources said on condition of anonymity.