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Televisa Inks Spanish Equity Swap

Dec 15, 2011

Mexico’s Televisa has agreed to swap its 40.8% participation in Spain’s national broadcaster La Sexta for 14.5% of Spanish media holding company Imagina. The transaction will involve an equity stake swap with no money changing hands, Televisa says. Under the deal, Televisa...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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