Xavier Niel, Free boss at a press conference in Paris, 26 matt 2013 – Lionel Bonaventure AFP

Matthew banker Pigasse, founder of Free Xavier Niel and Pierre-Antoine producer Capton created Tuesday Mediawan intended entity, they say, to “become a giant media content.” How? Following a strategy of buying companies that businessmen are being defined.



Other investors are welcome

The trio, who invested a total nearly 7 million in Mediawan, today announced that other investors are welcome. With a ticket to one million euros minimum, volunteers have until April 20 to enter the capital Mediawan

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And time is pressing, since the company three French entrepreneurs, who are expected to hold 20% stake, is a SPAC (Special Purpose Acquisition Company). Born last year, it will automatically be dissolved in two years if it has not made purchases amounting to 75% of the total contribution of its investors.



Aim companies valued at nearly ’1.5 billion

as indicated Le Point , Matthieu Pigasse, Xavier Niel and Pierre-Antoine Capton however should not wait that long to realize their first acquisitions. Reconciliations are already on the agenda of the end of 2016.

With at least 250 million euros raised in the form of 25 million shares (at the initial price of 10 euros each ) and financial conditions to target companies valued at nearly 1.5 billion euros, Mediawan, whose supervisory board is chaired by Pierre Berge, can big.

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According to Le Figaro , the ideal target of three partners should be “a already active European entity “in the” area of ​​content “and” own brands “recognized media. A target will be the anchor of the construction of their most ambitious European group specialized in the content.

In contrast, both the press and telecoms will be carefully avoided in order not to tread on flowerbeds other separate activities of the three founders of Mediawan. Then remains audiovisual production

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