Broadcaster Television Francaise 1 SA (TFI.FR) said Friday it has completed its purchase, from AB Group, of two stakes in French cable television channels and that the new assets will contribute to its consolidated performance from the third quarter.

TF1 said it finalized the purchase of 100% of the NT1 channel and a 40% stake in the TMC channel. It didn't provide financial details of the transaction.

"The effects of this acquisition will be reflected in the financial statements of the TF1 Group from the third quarter of 2010 onwards," TF1 said in a statement.

-By Adam Mitchell, Dow Jones Newswires, +33 1 40171756; adam.mitchell@dowjones.com
Television Francaise TF1 (EU:TFI)
Historical Stock Chart
From Jan 2025 to Feb 2025 Click Here for more Television Francaise TF1 Charts.
Television Francaise TF1 (EU:TFI)
Historical Stock Chart
From Feb 2024 to Feb 2025 Click Here for more Television Francaise TF1 Charts.