Overview
- Televisa disclosed that Emilio Azcárraga Jean agreed to sell 26,332,332,804 Serie A shares in equal parts to co-presidents Bernardo Gómez and Alfonso de Angoitia.
- The deal is valued at about 1,926 million pesos, or roughly 108 million dollars, based on the market close when it was announced and was reported to the BMV and the SEC.
- SEC filings state the buyers will exercise all voting rights tied to the acquired shares and may appoint or remove members of the board.
- Azcárraga’s holding would decline to roughly 23.5 percent once the transaction closes, according to disclosed calculations based on outstanding shares.
- Completion remains subject to customary conditions, including clearance by Mexico’s antitrust authority, following a broader investor realignment and asset moves such as the 49 percent sale of Club América and stadium assets to General Atlantic.