KKR offers to buyout Axel Springer’s minority investors: Reuters


This post is by Luisa Beltran from PE Hub Blog: Buyout Deals


Click here to view on the original site: Original Post




KKR pitched a 40 percent premium to buy out Axel Springer’s minority investors, Reuters reported. The proposal values the company at 6.8 billion euros ($7.7 billion) and would guarantee Axel Springer’s 76-year-old widow Friede a say over strategy even if KKR secures a majority stake, the story said.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.