News Formal

Soros-Backed Company Boosts Stake in Polish Newspaper Publisher

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 50%

España Noticias Noticias

España Últimas Noticias,España Titulares

A company backed by George Soros’s fund will boost its ownership of a leading Polish newspaper publisher to a controlling stake as the country heads into a parliamentary election.

Amsterdam-based Pluralis BV, whose shareholders include Soros Economic Development Fund, bought an additional 20% stake in Gremi Media SA from Warsaw-listed KCI giving it 57% ownership of the company, KCI said in a regulatory filing on Friday, without revealing the price.

KCI is an investment vehicle of Polish businessman and film producer Grzegorz Hajdarowicz, who has repeatedly complained about political pressure on the media market. In late 2021, Pluralis agreed to invest in Gremi with an option to purchase an additional stake at a later date. The deal comes after Open Society Foundations, the philanthropic organization that controls most of the assets in George Soros’s $25 billion family office, decided to end a large part of its operations in the European Union amid a retrenchment under new leadership.Soros has long championed democratic causes in the former communist eastern bloc.

The ruling Law & Justice party has been trying to tighten its grip over independent media in Poland as it seeks to stay in power for a third consecutive term in a tightly-contested election scheduled for Oct. 15.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 83. in ES

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Business software company Open Text acquires Irish company KineMatikFinancial terms of the deal were not disclosed and Open Text said Wednesday the purchase was not material to its financial results
Fuente: globeandmail - 🏆 5. / 92 Leer más »

Quebec company buys private island with chalet to boost employee happinessLAVAL, Que. — A Montreal-area company has come up with a novel — if extreme — way to boost employee happiness: buying them a private island.
Fuente: SooToday - 🏆 8. / 85 Leer más »

Quebec company buys private island with chalet to boost employee happinessLAVAL, Que. — A Montreal-area company has come up with a novel — if extreme — way to boost employee happiness: buying them a private island.
Fuente: PGCitizen - 🏆 65. / 51 Leer más »

Quebec company buys private island with chalet to boost employee happinessLAVAL, Que. — A Montreal-area company has come up with a novel — if extreme — way to boost employee happiness: buying them a private island.
Fuente: sudburydotcom - 🏆 6. / 89 Leer más »