On Friday, The CEO of Cofina Media, Luís Santana, confirmed that the iconic and trending football superstar Cristiano Ronaldo is one of the "Management Buy Out" (MBO) company investors who want to take over the remarkable Portuguese media company.
CNN Portugal reported that Ronaldo will be a key shareholder at the media company.
“To count on Cristiano Ronaldo, the best footballer ever, an exceptional athlete who shares the values of demand, rigor, hard work and resilience, as an investor is naturally a great source of satisfaction for the team that is developing the Management Buy Out of Cofina Media, which will be presented to the shareholders in due course”, Santana told reporters.
Cofina Media owns various iconic media magazines and newspapers in Portugal such as Correio da Manhã, CMTV, Jornal de Negócios, Record and Sábado.
However, it was reported that the trading of the Cofina shares is suspended by The Portuguese Securities Market Commission (CMVM).
Follow the latest news on Google News
