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Tamedia to acquire Goldbach Group
2017-12-22 15:17:00| Telecompaper Headlines
(Telecompaper) Swiss media group Tamedia and Goldbach Group have come to an agreement regarding a take-over bid. Tamedia has made a preliminary announcement of a public tender offer to purchase all of the 6.09 million shares issued by the Goldbach Group at CHF 35.50 per share. Together, Tamedia and Goldbach are planning to further expand their position in the Swiss advertising market and advance their business abroad. Goldbach is expected to continue operating as an independent company in the market.
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Category:Telecommunications