por Señal News news@senalnews.com @senalnews @senalnews @senalnews Viaplay Group has entered into an agreement to sell its Dutch streaming and broadcasting operations to Videoland , owned by DPG Media , for EUR 142 million (approximately SEK 1.57 billion) on a cash and debt-free basis. The transaction remains subject to approval from the relevant regulatory authorities, Viaplay's lenders, as well as customary consents and procedures, and is expected to close in the coming months. The divestment marks another step in Viaplay's strategic transformation, reinforcing its focus on its core Nordic markets while further strengthening the company's financial profile. Jørgen Madsen Lindemann, President and CEO of Viaplay Group, said : "The sale is in line with our strategic transformation and the priority to focus on the Group's operations in our core Nordic markets, where we have the greatest scale and synergies. The proceeds of the sale will enable us to accelerate the deleveraging and strengthening of the Group's financial profile. It follows on the transformational acquisition of the remaining 50% of Allente Group, and subsequent refinancing, at the end of last year. We are delighted that a Dutch business with such strong local roots is acquiring the operations, and will be able to focus on developing them further moving forward." The Dutch operations generated net sales of EUR 149 million (approximately SEK 1.65 billion) in 2025. Following completion of the transaction, Viaplay expects to record transaction and restructuring costs, along with provisions and balance sheet effects, which will be reported as items affecting comparability in its financial results. The company stated that the divestment will not affect its full-year 2026 financial targets or its long-term ambitions, both of which were most recently reaffirmed in its first-quarter 2026 interim report. The sale follows Viaplay's acquisition of the remaining 50% stake in Allente Group and the subsequent refinancing completed at the end of 2025, underscoring the company's continued efforts to streamline operations and prioritize growth across its core Nordic business. to Señal News Newsletter
Curated by Taleb Kabbara · Source: senalnews.com