CGM announced the completion of the transaction on purchase of 25% shares of “Sport-Express”
MOSCOW, March 9. Integration into the holding “national Media Group” (NMG) will give a serious impetus to the development of the publishing house “Sport-Express”. This was stated by the chief editor of the publishing house Maksim Maksimov.
On Wednesday it was announced that the company completed the acquisition of a 25 percent stake in “Sport-Express”, and the Chairman of the Board of Directors of the publishing will be Alina Kabaeva, 2014 occupying a similar position in CGM.
“It’s all been said in the press release. We want to develop and not stand still. And integration into such a powerful company will give a serious impetus to our further development. If we are still in the top sporting segment of the media, now our position will be strengthened”, – said Maksimov.