BC Partners has withdrawn its offer for Bertelsmann's BMG Music Publishing just before the deadline for the auction on 31 August. Bertelsmann is selling the group in order to pay off debt with the proceeds.
Investindustrial sells its remaining stake of 4.12% in the company, fully exiting the investment
Following the deal, CCV Schweiz will be integrated with Concardis Schweiz, which is part of Nets Group
Minority shareholder IMS Capital has also filed for insolvency; Getnow is now seeking new investors
Exit from Rutland Fund III realises a return of 5.7x on the original cost of the investment