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Bertelsmann's TV RTL Hungary Portfolio Expansion Gets Approval

BUDAPEST -(Dow Jones)- Magyar RTL Televizio Zrt., the Hungarian arm of RTL Group SA (RTL.BT), received regulatory clearance Wednesday for two acquisitions which will expand its television channel portfolio. RTL Group is owned by German broadcaster Bertelsmann AG. Magyar RTL received approval from the National Infocommunications Authority, or NMHH, for the acquisition of two production companies--Hungary's IKO Televisions Kft and IKO Romania Srl, NMHH said in a press release. If the deal is concluded, Magyar RTL will acquire six entertainment channels based outside Hungary and one in Hungary, NMHH said, without naming the countries. The deal will now be evaluated by the Competition Office. -By Gergo Racz, Dow Jones Newswires, +361-267-0622; gergo.racz@dowjones.com

Stock News for B R T Realty Trust (BRT)
DateTimeHeadline
11/03/201408:07:19Correction to RTL Group Acquires Majority Stake In StyleHaul...
11/03/201403:14:04RTL Group Acquires Majority Stake In SyleHaul For $107 Million
01/23/201403:50:06Pearson Flags Tough Trading
10/02/201312:36:16Bertelsmann Offers 1.3% Stake in RTL for Sale
08/22/201302:32:12RTL Group 1st Half Profit Surges Despite Ad Revenue Declines
07/10/201310:20:08Judge Finds Apple Colluded on E-Book Pricing
07/02/201304:41:48Bertelsmann Set for Further Acquisitions - Report
07/01/201305:17:11Bertelsmann, Pearson Complete Penguin Random House Merger
06/28/201314:00:41Hachette Agrees to Acquire Hyperion
06/26/201312:34:14RTL Invests in North American Online Video Company
05/16/201303:56:34Bertelsmann's 1Q Net Profit Surges After Acquisitions
04/29/201322:10:13Bertelsmann Raises Gross Proceeds of EUR1.4 Billion With RTL...
04/19/201311:40:07Penguin Makes Bid to Settle E-Book Case With EU
04/05/201311:00:14EU Gives Green Light to Penguin, Random House Merger
03/26/201306:33:55Bertelsmann Sees Revenue Growth Due to Acquisitions
03/08/201313:26:16RTL Group Considers Further Acquisitions in Southeast Asia
03/04/201304:54:18Bertelsmann Seeks Rapid Music Sales Growth
02/25/201307:50:11Pearson Plans Shake-Up
02/14/201312:37:52Pearson: Justice Department Closes Penguin, Random House Merger...
02/08/201311:40:07DOJ Settles With Macmillan in E-Books Case

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