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TURKEY / Acquisition of Digiturk by the beIN Media Group - Méditerranée Audiovisuelle
On July 13th the beIN Media Group, a subsidiary of Al Jazeera, bought the pay-TV platform Digiturk, until now 53% owned by Cukurova Holding and 47% by Providence Equity Partners. The transaction, for an undisclosed amount, will only be effective after obtaining permits from the local competition authorities. Sources: cbnews.fr, lesechos.fr et broadbandtvnews.com
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