Prisa loses patience with Telefonica and invites bids for Digital+
Prisa, the listed Spanish media group, has invited offers for its pay-TV channel Digital+, reported El Confidencial, citing sources close to the company.
Despite almost eight months of talks with the Spanish telco Telefonica, acquisition negotiations have not resulted in a deal, the report said. Given the lack of progress, Prisa has decided to look further afield for a buyer.
The UK’s BSkyB, Vivendi (France), Al Jazeera (Qatar) and Liberty Global (US) have all expressed an interest, the report said.
Prisa, which hopes to raise EUR 1bn from selling its 56% stake, has set a deadline for final offers of 15 January, the item noted.
Source El Confidencial