SpotaHome business model catches on outside Spain

SpotaHome business model catches on outside Spain

Spanish medium-term rental platform continues to enjoy strong growth. The company, which celebrates its third anniversary this year, has generated turnover (total contract value) of €35 million ($37 million U.S.) to date, which is €10 million more than it had generated up to October 2016.

TMG conditionally sold to Mediahuis for $295 million

The board of Telegraaf Media Group (TMG) unexpectedly fired the CEO and CFO (Geert-Jan van der Snoek and Leo Epskamp respectively), for allegedly endangering the take-over by a consortium consisting of Het Mediahuis and VP Exploitatie, took control of the communication lines with the consortium, and issued a joint statement with the consortium provisionally accepting an offer valuing TMG at $295 million U.S..

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