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KKR buys 5.21% stake in ProSiebenSat.1

Tuesday 12 May 2020 | 09:25 CET | News
German broadcaster ProSiebenSat.1 said US private equity firm KKR has acquired a 5.21 percent stake in the company. KKR owns a 3.21 percent as a proportion of voting right sand 2 percent through an unspecified instrument. A spokesperson for KKR said that the firm believes the market is currently undervaluing ProSiebenSat.1, Reuters reported. 

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Categories: Broadcast & Satellite
Companies: Mediaset / ProSiebenSat.1
Countries: Germany
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