M6: closes sale of Home Shopping Service

(CercleFinance.com) - On Thursday the French TV channel M6 closed the sale of 100% of the capital of Home Shopping Service to the company Stars

"This operation allows the Group to focus on broadcasting home shopping programs while securing the long-term future of the business model of this activity, thanks to its merger with the other major player in the sector (Teleshopping)".


"After the acquisition of a significant stake in Global Savings Group and the acceleration of the investments in Bedrock, M6 Group is continuing, this time through a sale, the turnover of its diversification portfolio".


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