Deals
Swedish Sports Streamer Viaplay Draws Second Bargain Hunter
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Viaplay Group AB, the Swedish streaming service offfering Premier League football to much of continental Europe, continues to attract new investors after its shares plunged more than 85% in the wake of a series of slashed financial targets.
The streamer now counts Prague-based PPF Group among its largest shareholders after the investment firm bought a 6.3% stake, according to a filing on Friday. The development comes a week after Vivendi SE-owned Canal+ acquired 12% of the shares in Viaplay, fueling takeover speculation and providing some relief to the battered stock price.