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United Group to buy Time Warner-backed CME assets

United Group B.V., a broadband, telephony and mobile operator in South East Europe, which is backed by KKR and the European Bank for Reconstruction and Development, has agreed to buy the media portfolio owned by CME (Central European Media Enterprises Ltd.), PE Hub reported. Financial terms of the deal were not disclosed. The portfolio of assets includes TV channels in Slovenia and Croatia. CME is backed by Time Warner.

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M&A,merger and acquisitions,M&A deals