ProSieben could cede a part of its subsidiary, digital


© Reuters. PROSIEBEN COULD CEDE A PART OF ITS SUBSIDIARY, DIGITAL

MUNICH/FRANKFURT (Reuters) – ProSiebenSat.1 Media is in exclusive negotiations with a private equity investment firm General Atlantic for the sale of a minority stake in its subsidiary digital, reported Monday, a source aware of the discussions.

Two sources close to the matter have said that the group of television and media German could unveil an agreement on Thursday on the occasion of the last annual results presentation by Thomas Ebeling, the chairman of the management board on the start.

ProSieben declined to comment and no one at General Atlantic could not be reached immediately for comment.

(Alexander Hübner and Arno SchützeCatherine Mallebay-Vacqueur for French service, edited by Wilfrid Exbrayat)

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