Bauer Media Audio Holding GmbH completed the acquisition of Media Capital Rádios, S.A from Grupo Media Capital, SGPS, S.A..
May 30, 2022
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Bauer Media Audio Holding GmbH entered into a agreement to acquire Media Capital Rádios, S.A from Grupo Media Capital, SGPS, S.A. (ENXTLS:MCP) for €69.6 million on February 3, 2022. Completion of the acquisition is subject to customary closing conditions and regulatory approval. João Mattamouros Resende, Pedro Marques Bom and Joana Mota Agostinho of Cuatrecasas, Gonçalves Pereira & Associados R.L. acted as legal advisor to Bauer Media Audio Holding GmbH.
Bauer Media Audio Holding GmbH completed the acquisition of Media Capital Rádios, S.A from Grupo Media Capital, SGPS, S.A. (ENXTLS:MCP) on May 31, 2022.
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. 
