Viaplay: Canal+ Group increases its stake in the Swedish group's capital from 12 to 29.33%

News Tank Football - Paris - News #314737 - Published on 09/02/24 at 14:30

Viaplau - © Viaplay

Canal+ Group has increased its stake in the Swedish audiovisual group Viaplay from 12% to 29.33%, announced the French pay and free-TV group on 09/02/2024. Canal+ acquired 12% of Viaplay on 20/07/2023.

This increase is part of the SEK 4bn (€354m) recapitalisation plan initiated by Viaplay on 01/12/2023 and finalised on 09/02/2024. The Swedish audiovisual group posted a net loss of SEK693m (€61m) for the third quarter of its 2023 financial year.

The Czech investment group PPF has also increased its stake in Viaplay from 9.95% to 29.29%, again as part of the Swedish group's recapitalisation plan, the latter confirmed on 09/02/2024.

Viaplay: Schibsted media group (NOR) has withdrawn its 10.1% stake in the Swedish group

• Norwegian media conglomerate Schibsted has withdrawn from the capital of Swedish audiovisual group Viaplay, it announced on 07/02/2024.

• Schibsted had acquired a 10.1% stake in the group on 13/09/2023. "Viaplay's strong position as a streaming provider in the Nordics fits very well with our media operations, and we are confident that we, as a financially…

Viaplay: Canal+ Group increases its stake in the Swedish group's capital from 12 to 29.33%

Viaplay: Schibsted media group (NOR) has withdrawn its 10.1% stake in the Swedish group

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