Broadcaster Al Jazeera is considering a bid for a majority stake in Turkish digital pay-TV operator Digiturk, according to a Reuters report, citing three banking sources.
Al Jazeera has reportedly appointed Barclays Capital to advise on the matter, which could see Digiturk sold for $1 billion.
A formal bidding process for the business is expected to begin in early 2014, which could spark the interest of additional local and international parties.
Source: http://cablequest.org/news/international-news/item/3862-al-jazeera-considers-digiturk-bid.htmlSource: http://cablequest.org/news/international-news/item/3862-al-jazeera-considers-digiturk-bid.html
Source: http://cablequest.org/news/international-news/item/3862-al-jazeera-considers-digiturk-bid.htmlSource: http://cablequest.org/news/international-news/item/3862-al-jazeera-considers-digiturk-bid.html
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