Edipresse: Shareholdings in RBA Edipresse sold
Edipresse, a media company based in western Switzerland, has sold its 33-percent stake in the Spanish company RBA Edipresse to its partner, RBA Holding.
However, the Spanish competition authority still has to approve the deal, as Edipresse announced on Wednesday evening, according to SDA. RBA Holding now holds 100 percent of RBA Edipresse. The amount for which the French-speaking Swiss company sold its shares was not disclosed. The sale is in line with the Group's strategy. It had announced its intention to withdraw from the Spanish business and sell its minority shareholdings. Nevertheless, Edipresse will retain an indirect presence on the Spanish market through its subsidiary Focus Ediciones SL and its holdings in the printing company Rivadeneyra.
