MTG sells stake in TRACE media group
· MTG sells its 75% shareholding in TRACE media group to TPG Growth · Sale reflects MTG’s ongoing strategic transformation MTG has signed an agreement to sell its 75% shareholding in TRACE PARTNERS S.A.S. (TRACE) to TPG Growth. The transaction values 100% of the business at an enterprise value of EUR 40 million (approximately SEK 392 million) and closing is subject to regulatory approvals. TRACE is part of MTG’s International Entertainment operations. Jørgen Madsen Lindemann, MTG President & CEO: “TRACE is a great business that we have enjoyed developing together with its