Advance Media Group, a subsidiary of the investment group Advance Properties, jointly owned by Kiril Domuschiev and Georgi Domuschiev, is in talks with United Group, the leading provider of telecommunications services and media in Southeast Europe, on the possible sale of the largest multi-platform media house in Bulgaria – Nova Broadcasting Group.

A potential deal is dependent on the successful completion of negotiations between the parties, as well as on the conclusion of a binding Sales and Purchase Agreement between them and on obtaining all necessary approvals from the relevant regulatory authorities in Bulgaria and abroad.