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Ringier, not a Kanal D shareholder anymore


Dogan Media International became a 99.9% shareholder in Dogan Media, which operates Kanal D in Romania, according to an announcement sent to CNA.

Ringier isn’t a shareholder in the Turkish company anumore, with the rest 0.01% shares owned by Rukiye Sevda Boduroglu.

Ringier had 16.8268% shares in Kanal D, after, during the summer, the company diminished its participation in Kanal D from 20.0919% to 16.8268%. Dogan Media and Ringier associated in 2007, when the Switzerland press trust took over 25.1% of company’s shares.

Translation provided by AdHugger

Autor: Petrişor Obae

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