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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
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
01/21/201305:15:10Correction to Pearson Warns on 2012 Earnings Story
01/21/201305:00:03Pearson Warns on Earnings, Flags Tough Year
01/21/201304:53:08Pearson Warns on 2012 Earnings, Flags Tough Year Ahead
01/06/201321:51:12Sony Teams With BMG for Parlophone Bid
11/23/201206:51:46German Newspaper Financial Times Deutschland to Cease Publication
10/29/201211:01:01Bertelsmann CEO Confident over Random House, Penguin Merger Approval
10/29/201205:57:13WSJ Update: Penguin, Random House in Deal
10/29/201205:30:07Penguin, Random House in Deal
10/29/201203:44:22Pearson and Bertelsmann Agree Consumer Publishing Partnership
10/25/201212:37:35Pearson In Talks With Bertelsmann Regarding Possible Combination...

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