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Telefonica offers to buy additional stake in Digital Plus

Telefonica has offered 295 million euros for Mediaset Spain’s 22% stake in pay-TV business Digital Plus. This latest deal comes after a previous offer in May of 725 million euros for a 56% stake in Digital Plus owned by Spanish media company Prisa.Prisa accepted the offer but it is waiting for regulatory approval.If the deal goes through it would give Madrid-based Telefonica full control of Digital Plus, which owns the rights to Spain’s lucrative La Liga football league.

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