VILNIUS Nov 30 Swedish TV and radio company
Modern Times Group has appointed SEB bank to
look for buyers of its operations in the Baltic countries of
Lithuania, Latvia and Estonia, BNS newswire reported, without
providing a source.
MTG said it had no comment.
According to BNS, the operations would be valued at about
100 million euros ($107 million).
Modern Times Group operates free-to-air TV channels in all
three countries, and sells pay-TV packages.
($1 = 0.9381 euros)
(Reporting by Andrius Sytas and Helena Soderpalm; Editing by