FRANKFURT (Reuters) - German media group Bertelsmann aims to close its $1 billion deal to raise its stake in Penguin Random House to 75 percent in the fourth quarter, it said on Thursday.
Bertelsmann reported a 1.4 percent organic increase in first-half revenue to 8.13 billion euros ($9.67 billion), driven by broadcaster RTL Group, which reported results on Wednesday.
Operating earnings before interest, tax, depreciation and amortization (EBITDA) were flat at 1.1 billion euros.
Reporting by Georgina Prodhan; Editing by Maria Sheahan
