Consortium in Big Brother firm buy-out

A consortium featuring former Italian prime minister Silvio Berlusconi unveiled a £2.3bn (€3.4bn) swoop for Big Brother maker Endemol today.

Consortium in Big Brother firm buy-out
Mon, 14 May, 2007 - 15:22

A consortium featuring former Italian prime minister Silvio Berlusconi unveiled a £2.3bn (€3.4bn) swoop for Big Brother maker Endemol today.

The buy-out group, which is also made up of Endemol founder John de Mol and Goldman Sachs, will pay €2.63bn for Spanish telecoms group Telefonica’s 75% stake in the company.

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