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Televisa Discusses Deal With Longtime Partner Univision

  • Mexican broadcaster currently owns a 36% stake in business
  • Private equity owners unloaded Univision in deal last year
Updated on

Grupo Televisa SAB is in talks to join forces with Univision Communications Inc., according to people familiar with the matter, a deal that could more formally unite the Spanish-language media giants after a long partnership.

With discussions at an early stage, no final decision has been made and talks could fall through, said the people, who asked to not be identified because the matter isn’t public. The two sides are still discussing the structure of a potential transaction and which parts of the businesses could merge.