Bloomberg News

Grupo Clarin Owners Given Option on Goldman Sachs Funds Holdings

February 15, 2012

Feb. 14 (Bloomberg) -- Controlling shareholders of Grupo Clarin SA, Argentina’s largest media group, have been granted an offer to buy 22 million class “C” shares in the company from equity funds controlled by Goldman Sachs at $6.80 per global depositary share, the company said in a press release.

The option to buy ends in 28 days, the statement said.

Goldman Sachs owns 9.1 percent of Grupo Clarin, according to the company’s website.

To contact the reporter on this story: Eduardo Thomson in Santiago at ethomson1@bloomberg.net

To contact the editor responsible for this story: Richard Jarvie at rjarvie@bloomberg.net


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