Denis O’Brien crystallising a loss of about €450m on his INM investment today. https://t.co/FuHEOAElpw
— Mark Tighe (@marktigheST) April 30, 2019
The €145.4m price represents a 44% premium on its share price before INM announced it was in takeover talks.
Founded in 2013, Mediahuis is a private European media group with a strong portfolio of news media and digital brands.
It has grown rapidly through acquisitions to become a leading media player in both Belgium and the Netherlands and currently employs more than 3,200 people.