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PT Media Nusantara Citra Tbk To Buy PT Visi Media Asia's TV Firm For $500 million-Reuters


Wednesday, 19 Jun 2013 05:43am EDT 

Reuters reported that PT Media Nusantara Citra Tbk is set to buy free-to-air television station ANTV, owned by Bakrie group's PT Visi Media Asia. MNC Group director, David Fernando Audy, confirmed the Company was in talks with Visi Media and hoped the deal could be closed by the end of the month. He declined to elaborate on the details. MNC will pay around $500 million. 

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