GERMANY - KKR and Permira launch public offer for ProSiebenSat.1
A consortium comprising Kohlberg Kravis Roberts & Co and Permira has made a public cash offer for the remainder of the publicly traded shares of German broadcaster ProSiebenSat.1 Media AG. The financial investors are paying EUR 22.45 for each preferred share and EUR 28.71 for each common share. The offer is set to expire on 19 March.
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