Bonnier and Proventus make an offer for Alma Media`s Broadcasting division; Bonnier AB has had a long-standing involvement in Nordic TV through its ownership of TV4 and Finnish MTV3.

0 Comments | M2 Presswire, January, 2005

M2 PRESSWIRE-24 January 2005-Bonnier AB: Bonnier and Proventus make an offer for Alma Media`s Broadcasting division; Bonnier AB has had a long-standing involvement in Nordic TV through its ownership of TV4 and Finnish MTV3(C)1994-2005 M2 COMMUNICATIONS LTD RDATE:01242005 Bonnier and Proventus jointly make an offer for Alma Media`s Broadcasting division, which comprises inter alia the Finnish TV channel MTV3, a majority holding in the Finnish radio station Radio Nova and 23.4 percent of the shares in Swedish TV4 AB.

Alma Media has previously convened an extraordinary shareholders` meeting on January 31, 2005 in order to decide on the divestment of the group`s Broadcasting division. According to the proposal of the Board of Directors, which was made official...

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