One lost, ten found?
Thomas Rabe, the managing director of Bertelsmann, confirmed to the
Financial Times
on Thursday that he had been "
inundated with expressions of interest
" for M6, after the failure of its merger with TF1.
Enough to justify its decision to relaunch without delay the process of selling M6, its French subsidiary within RTL Group.
Thomas Rabe wants to “
test the market
”.
The German leader has asked interested buyers to submit indicative and non-binding offers by this Friday, September 23.
We will decide based on this test whether we sell or not
, he told the British daily, adding that M6's profits last year were
at an all-time high
.
Way to send the message to the market that he does not intend to sell off his French assets, of which he holds 49% of the capital.
A common offer
“The M6 group was so courted during the first round of bidding. There's no reason he shouldn't be anymore today, when his course of…
This article is for subscribers only.
You have 79% left to discover.
Cultivating your freedom is cultivating your curiosity.
Keep reading your article for €0.99 for the first month
I ENJOY IT
Already subscribed?
Login