MTG sells Czech TV holding to invest further in digital transformation
· MTG sells 50% shareholding in FTV Prima Holding in Czech Republic for 11.2x trailing 12 month EBIT and total cash return of 2x original investment · MTG considering use of proceeds to increase ownership in InnoGames from 21% to 51% · Reflects MTG’s ongoing transformation from traditional broadcaster into global digital video entertainer MTG has signed an agreement to sell its 50% shareholding in FTV Prima Holding to Denemo Media. The cash transaction values 100% of FTV Prima Holding at an enterprise value of EUR 237.4 million (approximately SEK 2,255 million). MTG has fully