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RTL Group to acquire full ownership of RTL Belgium

RTL Group today announced that it has agreed in principle with its co-shareholders in the Group’s Belgian TV and radio operations to acquire their shares in RTL Belgium against a payment in cash and RTL Group treasury shares. This will take RTL Group’s shareholding in RTL Belgium to 100 per cent. Currently, RTL Group is already the controlling shareholder in RTL Belgium.   Elmar Heggen, Chief Operating Officer and Deputy CEO of RTL Group, says: “After more than 30 years of successful cooperation with our co-shareholders, we have agreed to fully acquire RTL Belgium. This follows our strategy to consolidate across our European broadcasting footprint, wherever attractive opportunities arise. We will continue to invest in RTL Belgium and accelerate the transformation of the...
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