Tuesday, 25 September 2007

Detailed History of Endemol

In 1994, the production companies of two major television producers in the Netherlands, Joop van den Ende and John de Mol, merged to become Endemol. This merger triggered the international development of the Endemol Group and since then Endemol has rapidly expanded to become a leading format creation and production company.

Endemol Entertainment Holding N.V. was listed on the Amsterdam stock exchange in 1996. Telefónica made a public offer for all of the outstanding shares of Endemol in 2000, pursuant to which it acquired 99.7% of the outstanding shares. From mid 2000 till mid 2007 Endemol has been part of Telefónica S.A.

On 3 July 2007, Endemol's major shareholder Telefonica sold its 75% stake in Endemol to Edam Acquisition. Pursuant to this transaction, an offer was made for the remaining shares, resulting in Edam Acquisition owning 99.5% of all Endemol shares by mid August 2007 followed by a delisting of the company in September 2007

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