Billionaire Naguib Sawiris exits Italian broadcast venture for €2.5 million after €29 million losses
Egyptian billionaire Naguib Sawiris and Franco-Tunisian media executive Tarak Ben Ammar have sold Prima TV’s digital terrestrial multiplex to Syes for about €2.5 million, marking another step in Sawiris’ gradual exit from legacy media investments. Egyptian billionaire Naguib Sawiris and Tarak Ben Ammar sold Prima TV’s digital terrestrial multiplex to Syes for about €2.5 million.…








