Grupo Prisa gains €150 million investment
Iñaki Ferreras ©RapidTVNews | 06-01-2012Little by little, Grupo Prisa is clawing its way back from bankruptcy and now the company has received a much needed €150 million cash injection.
The new capital increase, formalised on 3 January, was made by the shareholders of Inversiones Otnas, a company in Rucandio, Berggruen Acquisition and Martin Franklin through the conversion of 75 million warrants at a price of €2 per share.
The conversion of the warrants by shareholders, along with other conditions, fulfils requirements mandated on Prisa to restructure its de
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