February 26, 2020
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
Mexican media company keeps its 36% stake in the US boradcaster as Searchlight and ForgeLight acquire a majority share