Investor Relations
News Detail
13th Oct 2003
INM sale of Portuguese Stake
Independent News & Media PLC [‘INWS.I’] today announced the sale of its 19.1% stake in Lusomundo Media, a Portuguese newspaper group, for a consideration of €24.0 million.
The buyer is the Lisbon-based Cofina Group, owners of some of the most important newspapers and magazines in Portugal (Correio da Manha, Record, Jornal de Negocios, Maxima, TV Guia, Vogue and GQ Portugal).
