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Earlier this month, Nielsen had rejected an offer of $25.40 per share from a consortium without naming the suitors. The new deal is 10% greater than the consortium’s previous offer, and the transaction is expected to close later this year. 

Both groups have undertaken that if the operation is finalized, they would buy out the 33.33% equity interest held by France Télévisions at a definitive value of €45 million.

Nielsen Holdings announced that its Board of Directors has determined not to proceed with an unsolicited acquisition proposal from a private equity consortium that valued the company at $9.13 billion, $25.40 per share.

Kudos, the Banijay UK outfit behind titles such as “Grantchester” and “Code 404,” is expanding into the podcast business by taking a 25% equity stake in podcast production company What’s the Story?.

Private equity firm KKR is eyeing a further investment in Telecom Italia's fixed-line network as Italy's main telecoms group weighs options for its assets to appease top investor Vivendi.