MTG Takeover Bid For Norway’s P4

After buying 9 million shares of P4 Radio Hele Norge from institutional investors (September 11) Modern Times Group (MTG) triggered a condition of the shareholders agreement forcing it to purchase all outstanding shares. MTG started the week holding 39%. The purchase of 9 million shares at NOK 30 (€3.58) brought its holding to 68%, triggering the mandatory buy-out of other shareholders

MTG had offered the same price per share, which it said is a 50% premium to Monday’s closing price. The deal values P4 Radio Hele Norge NOK 967.7 million (€115.5 million).

P4 is by far the largest private radio operation in Norway, accumulating – according to MTG – close to 55% of all radio advertising. Michael Hedges - September 14, 2006

Keywords:media in Norway, MTG

Flying Through Turbulence – Media in the New EU Member States

ftm reports on media in the 12 newest EU Member States. Will media find clear air or more turbulence? 98 pages PDF file (February 2007)

Free to ftm members and others from €39

Order

Rupert Murdoch - The Media Mogul

From Australia to the San Antonio, Texas tabloid to News Corp and News International, Mr. Murdoch fascinates all media watchers. Included is up to date information on the Dow Jones speculation and real deals, too. When Murdoch talks, the media world listens, and he has a lot to say about newspapers, broadcasting and new media. 42 pages PDF (June 2007)
Free to ftm members, others from €39
Order

Media Measurement Moves Forward and Everywhere

Includes: mobile and internet metrics, electronic measurement systems and device descriptions, RAJAR (UK) debate, with comments. 57 pages PDF (May 2007)
Free to ftm members, others from €39
Order