Atresmedia sells the 5% stake it held in Fever for 227 million.
The group, which entered the events application in 2015, completes the operation with gains of 205 million.
Atresmedia has completed the sale of its remaining 5% stake in entertainment platform Fever for approximately 227 million euros. The sale generated a net profit of 205 million euros. This brings the total revenue from Atresmedia's divestments in Fever to 296 million euros, with a total after-tax profit of 264 million euros. Atresmedia initially invested in Fever in 2015.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.