Prisa's decision to sell 50% of its shares to investment outfit Liberty Acquisitions will transform the media group into a proactive company that is more focused on financial markets, according to CEO Juan Luis Cebrian. Cebrian told reporters that the company's debt should be reduced to €3.3 billion (US$4.5 billion) later this year... Read more
Ratings agency Fitch Ratings has warned that it could be forced to downgrade Argentinean cable operator Cablevision as a result of an ongoing feud between Cablevision owner Grupo Clarin and the local... Read more