LinkedIn Alvin Donovan(donovan@epfundspc.com) has sent you a message. Date: 7/05/2011 Subject: GNG $150 Million IPO funding Equity Partners Fund launch new Pan-Arab GNG Bloomberg acquire/JV other Media/ Entertainment groups GNG $150 Million IPO funding Equity Partners Fund launch new Pan-Arab GNG Bloomberg acquire/JV other Media/ Entertainment groups http://www.i-newswire.com/good-news-holding-group-bvi-corp/117378 PLEASE PASS THIS ON TO YOUR NETWORK USING THE + share button We are funding USD$150 Million into the GOOD NEWS GROUP (http://www.goodnewsgroup.com/)
They are going to use our funding to:
* IPO on the Frankfurt Stock Exchange
* Launch 3 new Pan-Arab TV stations, including Good News Bloomberg
* Acquire/ JV with other listed Media and Entertainment companies internationally
Good News Group started in 1987 as a publications shareholding company. Today, GNG has grown to be one of the largest and most diversified Media and Entertainment Companies in the MENA region with businesses in the film industry, interactive and digital services, Radio & television, Music production and Publishing.
Some key success facts about GNG:
• Has very strong alliances and cooperation with the strongest international and regional players in the field like Google, Microsoft, Oracle, Sony, RRC, Etisalat, Vodafone, Mobily, Zein, Jawal, Mobinil, MBC, ART, Rotana, Al Shark Al Awsat, Virgin Mega Stores.
• Has long term contracts with celebrities such as: Adel Emam, Omar El Sharif, Amr Diab, Mahmoud Abdel Aziz, Magda El Roumy, Anis Mansour, • Owns the biggest Arabic Digital Content library in the MENA region;
• Already has 62% market share in the digital content industry;
• Partners share 66 cinema screens, the only 2 FM Private Stations in Egypt, 8 Virgin Mega stores in Beirut and Cairo, 2 daily newspapers, 5 magazines, 7 supplements, one advertisement agency, 65% of Arab market share in mobile content, the new partnership with
Google Online, and the revenue of Best Selling Arabic movie production; • The Group has been operating for over 23 years depending on self financing with Zero leverage up to date and since inception;
The funding agreement is designed to allow Good News Group to start 3 new Pan-Arab TV stations,
• The Good News Bloomberg financial channel is the most significant of the 3 planned channels and will allow GNG to leverage their financial
reporting knowledge base:
• GNG has the leading financial newspaper, launched 22 years ago, which includes a network of 260 journalists.
• This network provides a head start to generate content & creates synergies between GNG Bloomberg & GNG Publishing.
• All 3 channels will use state-of-the-art facilities of TwoFour54 Media City in Abu Dhabi, sharing production equipment and
other services.
In addition the Group now seeks to acquire/JV with other listed Media and Entertainment groups which can add value geographically and
strategically.
Criteria for acquisition/JV are: • Listed Media or Entertainment group • Capability to provide accretive ebitda • Ability to add value geographically and strategically • Acquisition model based on earn out, part cash, part equity.
Please contact us via email if you know a good candidate or any other listed public groups seeking capital.
All the best, Alvin Donovan Managing Director Equity Partners Fund SPC http://www.epfundspc.com/ Funchal Equity Partners Fund http://www.funchalequitypartners.com/ Zigong Commercial Equity Partners Fund http://www.zigongequitypartners.com/ Join me on linkedin http://au.linkedin.com/in/alvindonovan Phone: + 61 415810958 Skype: alvindonovan "Lead, Follow or get out of the way!" View/reply to this message |
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