Chinese group CEFC could take over Romanian TV station owner

Chinese holding China Energy Company (CEFC) has partnered with the Czech financial group Penta Investments to buy Central European Media Enterprises (CME), from the US giant Time Warner, writes Reuters, quoting three sources close to the deal. CME own the TV station Pro TV in Romania, among others, romania-insider informs. The offer amounts to about EUR 500 million, reports ...

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