10 de marzo de 2015 / 7:59 / hace 2 años

BRIEF-Secuoya Colombian unit and Agencia EFE to create company in Colombia

March 10 (Reuters) - Secuoya Grupo de Comunicacion SA :

* Said on Monday its Colombian unit, Secuoya Grupo de Comunicaciones SAS, had signed a deal with Agencia EFE SAU to create a company in Colombia

* Secuoya and EFE to own a 50 percent stake each in the newly created entity

* The new company, called Productora de Contenidos Audiovisuales bajo demanda (Procobade), to supply news videos and local news on demand to media worldwide

* Under the deal EFE to provide its brand, network of correspondents and news, while Secuoya to invest about 300,000 euros ($324,180) to make all the investments necessary for the implementation of the business

Source text: bit.ly/1C3zsDI

Further company coverage:

$1 = 0.9254 euros Gdynia Newsroom

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