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SPAIN-US-BRITAIN-MEDIA-COMPANY-ACQUISITION
(FILES) This photo taken on September 3, 2010 shows US-German investor Nicolas Berggruen attending a news conference in a Karstadt store in Berlin. Early next month Prisa, which owns Spanish daily El Pais and has a share in French newspaper Le Monde, will conclude a deal with a US cash shell set up by ultra-marathon-running Briton Martin Franklin and financier Nicolas Berggruen, known as the ''homeless billionaire'', which should help the Madrid-based empire recover from a perfect storm of debt. The debt now stands at €4.7 billion, or 12 times the company's market value. The Polanco family will lose majority control, with 70 per cent going to the new investors. AFP PHOTO / JOHANNES EISELE
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Detalii fotografie |
Loc: |
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Berlin, GERMANY |
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AFP / Mediafax Foto |
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Fotograf: |
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JOHANNES EISELE |
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Data: |
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19 Octombrie 2010 |
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Dimensiuni: |
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2026 x 3000 (941.26 KB) |
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