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KKR, Permira sell 16.6% ProSieben stake for EUR 1.26 bln

Monday 20 January 2014 | 11:25 CET | News
Private equity firms Permira and KKR have sold a 16.6 percent stake in German broadcaster ProSiebenSat.1 Media for around EUR 1.26 billion, reports Bloomberg. They sold 36.3 million shares at EUR 34.75 per share, according to an e-mailed statement from Bank of America. KKR and Permira no longer hold any shares in the German broadcaster.

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