Finance / Bosnia-Herzegovina
Liberty Global Enters Bosnian TV Market
September 2011 | Corporate Financing AnalysisChellomedia, the international TV content company owned by Liberty Global, announced the acquisition of a 40% stake in OBN, a free-to-air broadcast network in Bosnia and Herzegovina. The acquisition expands Liberty Global's large footprint in Central and Eastern Europe by giving it entry to the Bosnian market. BMI welcomes the acquisition as a strategic hub for future expansion in Bosnia. However, we believe there are hurdles before it can achieve strong financial and operational results.
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