Grupo will create editorial for the free paper, while Metro Lisbon will hold a 65 per cent stake and manage operations.
The paper will be distributed every morning at Lisbon's subway stations, which carry around 170 million passengers per year.
The Portuguese newspaper market is bracing itself for the launch of a local edition of Metro, following the creation of a joint venture between Metro International and the Portuguese media group Grupo Media Capital.
Grupo will create editorial for the free paper, while Metro Lisbon will hold a 65 per cent stake and manage operations.
The paper will be distributed every morning at Lisbon's subway stations, which carry around 170 million passengers per year.
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