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Mediaset and private equity group in Endemol talks
October 31, 2011
Mediaset and private equity fund Clessidra are discussing injecting €400-500 million of cash into debt-ridden producer and distributor Endemol, according to an Italian press report.
According to the report, Italian broadcaster Mediaset, an Endemol shareholder, and Clessidra are eyeing relaunching a recapitalised Endemol as a way of averting existing creditors from converting debt into equity in the company.
October 31, 2011
Mediaset and private equity fund Clessidra are discussing injecting €400-500 million of cash into debt-ridden producer and distributor Endemol, according to an Italian press report.
According to the report, Italian broadcaster Mediaset, an Endemol shareholder, and Clessidra are eyeing relaunching a recapitalised Endemol as a way of averting existing creditors from converting debt into equity in the company.