Austrian media entrepreneur Dr Herbert G. Kloiber sells his German media group Tele München to US financial investor KKR.
The international investment firm BC Partners has signed a definitive agreement to acquire a majority stake in United Group, the leading cable and media operator in South Eastern Europe, from KKR.
Altice Europe is to sell equity stakes in its tower businesses in France and Portugal, retaining only minority holdings.
United Group, which is majority owned by the global investment firm KKR, has announced an additional capital investment of €293 million in Serbia over the next five years.
Croatia’s Electronic Media Council (AZTN) has unanimously declined to approve the sale of the national commercial broadcaster Nova TV by CME to Slovenia Broadband, a subsidiary of United Media.
Three Romanian enterpreneurs made nearly €50 million from the sale of the Serbian cable operator IKOM to the private equity fund KKR last year.
Investment firm KKR and Dutch investment firm Reggeborgh have announced a partnership for the strong expansion of Deutsche Glasfaser (DG).
KKR & Co and Permira Advisers sold their 16.6% interest in German broadcasting group ProSiebenSat.1 Media AG for around €1.26 billion.
Investment firms KKR and Permira have appointed JPMorgan to advise on options for a potential partial or full exit out of ProsiebenSat.1, according to reports in the FT and Bloomberg.