Biz Partners, Sgps, Sa completed the acquisition of 12% stake in Grupo Media Capital, SGPS, S.A. from Vertix SGPS, S.A.
November 01, 2020
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Biz Partners, Sgps, Sa entered into a promissory contract to acquire 12% stake in Grupo Media Capital, SGPS, S.A. (ENXTLS:MCP) from Vertix SGPS, S.A. for €38.5 million on September 11, 2020. In related transaction, Zenithodyssey Lda will subscribe another 5% of Grupo Media and Sociedade Triun SGPS signed share purchase agreement with Prisa and Vertix to acquire 20% stake in Grupo Media Capital and Sociedade Fitas & Essencias signed share purchase agreement with Vertix to acquire 3% stake in Grupo Medical. Diogo Leónidas Rocha and Mariana Faria Santos of J&A Garrigues, S.L.P. acted as a legal advisor to Vertix.
Biz Partners, Sgps, Sa completed the acquisition of 12% stake in Grupo Media Capital, SGPS, S.A. (ENXTLS:MCP) from Vertix SGPS, S.A. on November 2, 2020.
Grupo Média Capital, SGPS, S.A. is one the leading Portuguese media groups. Net sales (excluding businesses in the process of being sold) break down by activity as follows:
- operation of a TV channel (56.5%): operation of the general-interest TVI channel;
- production of televised programs (16.7%; NBP; No. 1 in Portugal): series, soap operas and movies;
- other (26.8%): operation of Internet portals, publishing of music CDs and DVDs, event organization, distribution of films in theaters, DVD distribution, sales of audiovisual rights, etc.
Net sales (excluding businesses in the process of being sold) break down by source of income between sales of advertising space (53.9%), and other (46.1%).
GRUPO MÉDIA CAPITAL, SGPS, S.A. 
