Broadcaster CME agrees to be acquired by Czech firm PPF in $2.1 bln deal

Unknown October 27, 2019 0

By Jason Hovet PRAGUE (Reuters) - Investment group PPF, owned by the Czech Republic's wealthiest businessman, Petr Kellner, has agreed to buy broadcaster Central European Media Enterprises Ltd (CME) in a cash deal valued at about $2.1 billion, the companies said on Sunday.

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