Change of ownership at theTV2 Group

Soon a new owner can take over the TV2 Group. The Magyar Broadcasting Co. Kft., as buyer-investor and the TV2 Media Group Holdings Kft. today signed a purchase agreement on this matter. The deal is expected to close regulatory approvals and the acquisition of agreement transfers.

The Magyar Broadcasting Co. Kft. made an offer on the purchase of the full ownership for the TV2 Group that is operating four-channels. The agreement was signed on 15 October. Until the transfer of the property, the current owners and managing directors, Yvonne Dederick and Simon Zsolt will continue to direct the company.