Jorg Rockenhauser


Investment firms confirm ProSiebenSat.1 exit

Private equity firms KKR and Permira are offloading their remaining shares in German broadcaster ProSiebenSat.1. KKR issued a statement confirming the pair was putting its remaining 36.3 million shares into an accelerated bookbuilding process with institutional investors, leading to a total exit. The sale share price of €34.75 (US$47.25) values the KKR and Permira’s combined […]

ProSiebenSat.1 deal paves way for €3.4bn private equity exit

The private equity firms that control European broadcaster ProSiebenSat.1, KKR and Permira, will be free to exit the business after shareholders approved a stock conversion deal at the company’s AGM today (Tuesday 23 July). The private equity firms will hold a 44% stake in the German broadcast and media group once the conversion is approved […]