The board of directors of Telecom Italia (TIM) has accepted the resignation of Luigi Gubitosi and relieved him of his position as the company’s CEO and general manager.
KKR bids for Telecom Italia
The US investment fund KKR has submitted what it describes as a friendly buyout offer for Telecom Italia (TIM).
KKR acquires 5% stake in ProSiebenSat.1, says company is undervalued
US financial investor KKR has acquired a 5.2% stake in German commercial broadcaster ProSiebenSat.1.
Interest in premium subscription content rises in Germany
2019 was a defining year for the German TV and video market, with mass market resistance to premium digital video finally falling away and paving the way for this month’s launch of Disney+.
Herbert L. Kloiber launches Night Train Media
After Tele München Group was sold to US financial investor KKR last year, Herbert L. Kloiber, long-term managing director of the German media company, has launched his new venture Night Train Media.
EQT and OMERS acquire Deutsche Glasfaser
Swedish financial investor EQT, together with Canadian pension funds OMERS, has agreed to acquire German fibre-optic network operator Deutsche Glasfaser from KKR and Reggeborgh.
KKR gets green light for Axel Springer investment
The voluntary public tender offer by US financial investor KKR to acquire a major stake in German media company Axel Springer has been successful.
Leonine acquires W&B TV from Endemol Shine
Leonine, the new German media group assembled by US financial investor KKR, will acquire W&B TV from Endemol Shine Group, Quirin Berg and Max Wiedemann.
KKR calls new German media group Leonine
The new German media group assembled by US financial investor KKR through the acquisition of Tele München Group, Universum Film, i&u TV and Wiedemann & Berg Film will be branded Leonine.
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.