The voluntary public tender offer by US financial investor KKR to acquire a major stake in German media company Axel Springer has been successful.
KKR succeeds with Axel Springer offer
The plan by US financial investor KKR to acquire a strategic investment in German media company Axel Springer has made an important step forward.
KKR places offer to take over Axel Springer
US financial investor KKR wants to take over German media company Axel Springer, offering all shareholders €63 per share.
KKR eyes Axel Springer
US private equity firm KKR is in negotiations with Axel Springer regarding a strategic investment in the German media company.
Springer’s Mathias Döpfner appointed to Netflix board
Netflix has announced the appointment to its board of Directors of Mathias Döpfner, Chairman and CEO of Axel Springer SE.
Constantin Medien drops plans to sell Sport1
German media company Constantin Medien will not sell its sports broadcaster Sport1 and advertising sales arm Sport1 Media.
N24 to be renamed WELT in January 2018
German news channel N24 will become WELT (translated “World”) on January 18, 2018.
Constantin Medien considers sale of Sport1 [Analysis]
German media company Constantin Medien is considering selling all shares in sports TV broadcaster Sport1 and advertising sales agency Sport1 Media held by its wholly-owned subsidiary Constantin Sport Holding.
Axel Springer and ProSiebenSat.1 call off merger talks
German media group Axel Springer and TV broadcaster ProSiebenSat.1 have disbanded their merger ambitions and will instead launch a joint project supporting new digital startups.
German news channel N24 to become WELT
German media company Axel Springer will change the name of its TV news channel N24 into WELT (translated “World”).