TITLE

Torreal buys stake in upstart

AUTHOR(S)
De Pablos, Emiliano; Hopewell, John
PUB. DATE
April 2007
SOURCE
Variety;4/23/2007, Vol. 406 Issue 10, p18
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Torreal, a private equity group from Spain, has bought a twenty percent stake in Imagina, the controlling share-holder of start-up broadcaster La Sexta, as well as Spain's biggest film and TV producer. Madrid's Arbol Group, Barcelona's Mediapro, and British advertising group WPP also hold shares in Imagina. Torreal is owned by Juan Abello. The economic and political motives for Torreal's deal are discussed.
ACCESSION #
24837867

 

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