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Hürriyet Newspaper Has Bought 67,3% Stake of Trader Media East (TME), One of the Leading Advertising Company in Russia
02.04.2007
Hürriyet Newspaper has bought 67,3% stake of Trader Media East (TME), one of the leading advertising company in Russia.
Accordingly, 67.3% of the shares were collected through the call and Hurriyet has paid US$336.5mn for the transaction. The amount is paid to Hurriyet Invest BV as capital in advance, which will be added to the company’s paid-in-capital in the future.
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