Alpac Capital Agrees to Acquire Adria News Network from United Group
By
Ray Sharma
Toasted to a respectable shade. No regrets, no crumbs left.
Summary
Alpac Capital, the majority owner of Euronews, has reached an agreement to acquire Adria News Network (ANN) from United Group. The deal positions ANN under a media-focused owner with international scale, aligning with Alpac Capital's track record in managing global media assets.
Key quotes
· 3 pulledAlpac Capital has a long and solid track record in managing media at an international scale.
It is the majority owner of Euronews, one of the world's largest networks, reaching more than 1.5 billion people across over 160 countries and broadcasting in 19 languages.
This acquisition provides Adria News Network ('ANN') with a strong platform and an owner aligned with its edi
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