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RTL’s Big M&A Day: $1.3B Sale Of Dutch Networks Biz Gets Approval Hours After Sky Deutschland Deal
RTL Group's $1.3B sale of Dutch arm RTL Nederland to DPG Media has been given the greenlight by authorities.
Following the announcement it is buying Sky Deutschland for €150M ($175M), the €1.1B sale of Dutch arm RTL Nederland to DPG Media has been given the greenlight by authorities. RTL struck the deal with DPG Media, a European operation with bases in Benelux and Denmark, in December 2023 and expected the agreement to close in mid-2024. A separate trademark license agreement will see DPG Media continue to use the ‘RTL’ brand in the Netherlands at least until December 2034, so the change won’t feel so dramatic to audiences in the country on screen.
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