Televisa sticks with Univision

Televisa sticks with Univision

M&A Equity Corporate & Sovereign Strategy Mexico US

Mexican media company Televisa decided to keep its roughly 36% stake in broadcaster Univision Communications as the US private equity firms Searchlight Capital and ForgeLight announced an agreement on Tuesday to buy a majority share in the US company. Televisa will also maintain its program license agreement with Univision, according to a press release from the four companies. If Televisa "voluntarily sells down a substantial portion of its ownership stake," however, the agreement will expire in

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