CrestPrecise completes trade sale of South Media Group to Vybery Radio
Moscow, July 14, 2017 CrestPrecise, one of the leading M&A advisors in Russia and the CIS, completes trade sale of South Media Group to Vybery Radio, acting in the capacity of exclusive financial advisor to the selling shareholders.
This landmark transaction, completed after a lasting period of negotiations amidst continued market turmoil, highlights CrestPrecise’s long-term institutional commitment to clients’ success.
About South Media Group:
South Media Group, part of AAA Group operating in Rostov and Krasnodar regions of Russia, is the largest regional partner of Russian Media Group (“RMG”) in Southern Russia, exclusively broadcasting 4 of RMG’s most popular radio stations, including Russian Radio, Hit FM, DFM and Radio Monte Carlo, in Rostov region of the Russian Federation.
About Vybery Radio:
Vybery Radio, part of Media-1 Group, with 69 radio stations broadcasting in 17 cities, is the largest radio stations operator in Russia.