John Malone's international cable operator Liberty Global is eyeing a possible bid for Spanish-language media giant Univision Communications. Details:
John Malone's international cable operator Liberty Global is among possible bidders for Univision Communications, the Spanish-language media giant that put itself up for sale in 2019"This is a small investment that Liberty Global Ventures is exploring," a Liberty Global representative toldLiberty Global Ventures, Liberty Global's investment arm, is understood to be partnering with Hemisphere Media Group on a bid for the Spanish language media player.
Final bids for Univision, which is being shopped by Morgan Stanley, Moelis & Co. and LionTree as financial advisors, are due in February. Univision has been privately owned for more than a decade and investors, like Saban Capital Group, Madison Dearborn Partners and Providence Equity Partners, have been seeking at least a partial exit that formerly might have come via an initial public offering.
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