KKR builds 5.2% stake in ProSieben, says company undervalued

📆 12-05-20 06:39:00
📰 ChannelNewsAsia

⏱ Reading Time:
12 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 66%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Private equity investor KKR said on Monday it had acquired a stake of 5.2 per cent in German broadcaster ProSiebenSat.1 Media , returning as an ...

BERLIN: Private equity investor KKR said on Monday it had acquired a stake of 5.2 per cent in German broadcaster ProSiebenSat.1 Media, returning as an investor in the company it had backed from 2006 to 2014.

"We have decided to reinvest into ProSiebenSat.1 based on our belief that markets are currently undervaluing the company," a KKR spokesman told Reuters."We view this as a financial investment."

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

KKR builds 5.2per cent stake in ProSieben, says company undervaluedPrivate equity investor KKR said on Monday it had acquired a stake of 5.2per cent in German broadcaster ProSiebenSat.1 Media , returning as an ...
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »