Chinese private equity firm Orient Hontai Capital will begin to take control of Mediapro after acquiring a 53.3% stake in the company for about €900 million, Advanced Television reported Feb. 14.
The stakes have been acquired from private equity firm Torreal, Televisa and one of the founders Gerard Romy. The parties own 23%, 19% and 12% stakes in the Spanish broadcasters, respectively.
Mediapro Chairman Jaume Roures will remain at the company, with founding partner Tatxo Benet.
Deal completion was announced late in 2017.