Monday, January 23, 2017

This is John de Mol’s (probably) with TMG – RTL News

Investors see it, because more bidders for the Telegraph Media Group also means more money for them. But why would tv magnate John de Mol krantenbedrijf buy? We put the most likely scenarios in a row.

The Mole says that he is the bid of the Belgian uitgeefconcern “media house” is too low, and that he GOT too important for his media company Talpa Holding in foreign hands, about to let go. The companies work tightly together in the area of radio and Talpa helps TMG in the creation of web-tv channels. The Mole wants the ‘strong and unique media brands’ of TMG holding together and in combination with Talpa to develop.

The Mole has already 20,59% of the shares of TMG in the hands, and are 5,90 euro per share more than ten percent more than “media house”, which is a 5.25 per share. The bid is formally from the Talpa Holding.

What is The Mole going to do with TMG?

Assume that The Mole winning the battle, than he can in different directions with all the interests that he in the course of the years in various media companies has built up. The most obvious scenarios:

  1. The creation of a large and wide media empire: a major newspaper (The Telegraph), a tv station (via its interest from 33 percent in SBS with four channels: SBS6, SBS9, NET5 and Veronica), popular radio stations and magazines (Radio 538, Private), popular websites (GeenStijl and Telegraaf.nl) and a maker of puzzle booklets (Keesing Puzzles).
  2. set up a tv and radiobedrijf: The Mole would be a deal may be close with the Finnish uitgeefconcern Sanoma. That has the other 66 percent of SBS in the hands. The Mole clashed in the past, hard with the Finns on the substantive course of the company. Perhaps he can the Finns entice printing can be of TMG to take over in exchange for their interest in SBS.
  3. another scenario is that The Mole is actually not at all interested in the activities of TMG,
but with his bid the “media house”, trying to entice a higher bid, so he get more for his own interest.
  • Also would be offer a place in a strategic plan for the radio stations of TMG completely in their own possession. With his bid he puts pressure on the “media house”, that in order to buy might be prepared the importance of TMG in two radio stations to be exchanged for shares in TMG. Talpa Holding is the owner of Radio 538 and Radio 10, and has a stake of 73 percent in Sky Radio and Veronica.
  • Who is The Mole on his path?

    First of all, the “media house”. The Belgians did mid-december 2016, an official bid on TMG, with the support of the family Van Puijenbroek.

    in Addition, a decisive role for the family Van Puijenbroek. Without their shareholding from 40 per cent, nothing is possible, and in addition to the family with Guus van Puijenbroek someone on the board of directors. The support of the board of commissioners is not required for an acquisition, but very nice for a smooth transition to a new owner.

    TMG is examining both bids. Investors seem to be excited. Just after the bid of The Mol increased the price by almost 6 percent and then again to stabilise at a plus of 2 percent.

    Approval required from supervisor

    in Addition, must have supervisor Authority Consumer & Market, giving consent for a deal, because only all of the sales of TMG above the 150 million euro per year. That amount is the limit that is used to determine whether or not the ACM or not approval needs to give.

    Because there is only a question of a bid, the ACM not comment. “But we will follow the course with interest,” says a spokesman.

    RTL Z

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