Czech News Daily

CME takes control

The media company Central European Media Enterprises (CME), the owner of Nova TV, has gained full control of Pro TV, Media Pro and MediaVision, companies that it had partially owned before. CME has gained the remaining stakes from its head, Adrian Sarbu. Mr Sarbu will receive a financial compensation worth USD 6.2 mln for the remaining 5 % in Media Pro. Mr Sarbu’s stake in CME currently amounts to 6.8 % of the voting rights, or 3.92 mln shares.  Source:  HN 21

• Business