ECONOMY

Greece’s Antenna Group snaps up Romanian TV, radio channels

German broadcaster ProSiebenSat.1 has agreed to sell its East European TV and radio stations, the group said on Monday, without disclosing the financial details of the transaction.

In Romania, ProSieben sold a portfolio of TV and radio channels to Greece’s Antenna Group, while one asset in the country, TV station Prima TV, was acquired by local entrepreneur Cristian Burci, it said.

[Reuters]