Televisa Buy ‘Very Accretive’ for Univision, Saban Tells CNBC

Saban Capital Group Inc. Chief Executive Officer Haim Saban told CNBC that the Grupo Televisa SA buy of as much as 35 percent of Univision Communications Inc. for $1.2 billion will be “very accretive” for Univision.

“When you put that program license agreement together with the purchase price, it is accretive to Univision,” Saban said in an interview on CNBC today. “It’s truly a win/win situation for both companies.”

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