- 4 Aug 2015 9:00 AM
The target date for the effective merger is October 31, 2015. According to data gathered by the business portal, the total assets of Mediaworks Hungary Zrt. will be HUF 10.674 billion.
The company, currently owned by Vienna Capital Partners, was founded in October 2014 and acquired most of the Hungarian assets of Ringier és Axel Springer, which included Nemzeti Sport, Népszabadság and Világgazdaság in addition to another 60 media brands.
The group’s revenue exceeded HUF 15 bln a year at the time of the acquisition.
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