US financial investor KKR has acquired a 5.2% stake in German commercial broadcaster ProSiebenSat.1.
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+.
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.
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.
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, 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.
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.
The plan by US financial investor KKR to acquire a strategic investment in German media company Axel Springer has made an important step forward.
Herbert Kloiber Jr. will leave the newly founded German media company, which emerges from Tele München Group, Universum Film, i&u TV and Wiedemann & Berg Film, on August 1, 2019.
US financial investor KKR wants to take over German media company Axel Springer, offering all shareholders €63 per share.