Telecinco €500m rights issue for Digital purchase
Telecinco, Spain’s largest commercial television station, has said it will raise €499 million to finance the purchase of a stake in pay-TV company Digital Plus. Telecinco will offer investors 5 new shares for every 14 owned at €5.75 each, the Madrid-based broadcaster said in a regulatory filing. Parent Mediaset will take up its rights, Telecinco […]