Alpac Capital seeks early control over Serbian media outlets, Cenzolovka reports

The Portuguese investment fund Alpac Capital is reportedly preparing to assume management control of United Group's media outlets in Serbia, including N1 and Nova S, within days. This move comes even though the sale has not been formally concluded and key regulatory approvals are still pending.

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plans to assume control of their management within the next few days

Sources indicate that Alpac Capital's management intends to take over the operations imminently. An agreement has allegedly been reached to hand over de facto control to Pedro Vargas of Alpac Capital as soon as the purchase funds are deposited into an escrow account, a transaction expected by the end of this week.

This premature takeover could lead to significant personnel changes across the newsrooms. Reports suggest the removal of Brent Sadler as Chief News Executive of Adria News Network and potential replacements for editors. The sale awaits necessary approvals from regulatory bodies, including those in Luxembourg.

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will involve personnel changes across newsrooms, including the dismissal of editors

If these plans materialize, the incoming owner would be positioned to immediately influence the editorial direction of these media outlets. Cenzolovka has learned this information from reliable sources, highlighting concerns about the future of independent media in Serbia.

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hand over de facto control to Vargas as soon as the purchase funds are deposited into an escrow account