Xavier Niel Thomas Rabe Silvio Berlusconi Rodolphe Saadé Daniel Kretinsky France Italy Germany Czech Republic reports testing Banner Xavier Niel Thomas Rabe Silvio Berlusconi Rodolphe Saadé Daniel Kretinsky France Italy Germany Czech Republic

Germany’s Bertelsmann Is On a Tight Timeline to Sell France’s M6 Group

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variety.com

Elsa Keslassy International Correspondent German media group Bertelsmann is expected to weigh in over the weekend on the offers it received for RTL Group’s 48.3% stake in M6 Group, France’s second largest commercial TV group.

Bertelsmann put M6 Group back on the market a little over a week ago, after its planned merger with Bouygues-owned TF1 Group was abandoned due to a number of competition concerns raised by France’s anti-trust board.

Bertelsmann’s chief executive Thomas Rabe asked to receive non-binding offers by Sept. 23 to test the market and received offers from three major bidders, according to Le Point.

These include a vehicle comprising Xavier Niel, the French billionaire behind the telecom group Iliad who co-founded Mediawan, and former Italian Prime Minister Silvio Berlusconi’s MFE-MadeForEurope; as well as a consortium including Stéphane Courbit, chairman of TV powerhouse Banijay, Rodolphe Saadé, the French shipping billionaire, and Marc Ladreit de Lacharrière, chairman of the investment vehicle Fimalac; and lastly Czech businessman Daniel Kretinsky, who is a shareholder in Le Monde, the French newspaper, and recently lent €14 billion to Liberation, another newspaper.

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