Adevarul Holding said in a statement it started official negotiations with Cristian Burci for handing over the company, a final decision being expected in the second part of September.
Burci added the transaction will be completed after first analyzing the company’ documents as well as based on future discussions with the holding’s creditors.
Burci stressed out the next ten days are crucial for the completion of the deal.
Earlier this day, Patriciu did neither confirm nor invalidate the news on the sale, simply saying “I don’t know anything.”
Adevarul Holding’s portfolio includes, among others, daily Adevarul, tabloid Click!, magazines OK!, Dilema veche, Dilemateca, Foreign Policy Romania, as well as Ukraine’s daily Blik, luxury book collections Adevarul, and complementary products. Also, Adevarul Holding edits Forbes Romania and Tango magazine and owns Click FM radio station.