This content is from:APP亚博娱乐

KKR, Permira Sell €194M ProSieben Stake

Kohlberg Kravis Roberts and Permira have raised a total of €194 million through the stock sale of ProSiebenSat.1 Media.

    Kohlberg Kravis Roberts (KKR) and Permira have raised a total of €194 million through the stock sale of ProSiebenSat.1 Media,The Wall Street Journalreports. The 8 million shares were sold by the firm’s joint vehicle, Lavena Holding.

    The proceeds from the transaction, after which KKR and Permira will hold about 53% of the share capital, will be used to repay debt and improve the liquidity of the holding company. The shares were placed by Deutsche Bank.

    Click here for the story fromThe Wall Street Journal.

    Click here for additional coverage fromReuters.

    Related Content