BusinessPostCorner.com
No Result
View All Result
Tuesday, July 15, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Axel Springer reportedly near deal with KKR to split up

September 14, 2024
in Business
Reading Time: 1 min read
A A
0
Axel Springer reportedly near deal with KKR to split up
ShareShareShareShareShare

German billionaire Mathias Döpfner and KKR are nearing a deal to split up the media giant Axel Springer, the Financial Times reports. 

Both sides are expected to discuss the proposed structure of a deal that would give KKR majority control of the company’s profitable classifieds business at a meeting of its supervisory board on Thursday, the FT reported, citing four unidentified people familiar with the matter.

The deal values the whole company at €13.5 billion ($15 billion), including more than €10 billion for the classifieds business, the FT said. It has already been discussed several times at previous board meetings, two of the people told the FT.

A deal would enable Döpfner, who has served as CEO since 2002, to cement his control over the company’s media outlets, the FT said. They include the US news sites Politico and Business Insider as well as the German tabloid Bild and its broadsheet sister Die Welt.

Axel Springer and KKR declined to comment to the FT.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Axel Springer and KKR near deal on $13.5bn break-up

Next Post

Arizona’s Civil War-era abortion ban is officially off the books

Next Post
Arizona’s Civil War-era abortion ban is officially off the books

Arizona's Civil War-era abortion ban is officially off the books

Donald Trump threatens new tariffs on Canada

Donald Trump threatens new tariffs on Canada

July 11, 2025
7 best CRM software for staffing agencies

7 best CRM software for staffing agencies

July 9, 2025
Young people in Gloucestershire say public transport ‘too costly’

Young people in Gloucestershire say public transport ‘too costly’

July 14, 2025
The rising potential of advanced primary care as a benefits strategy

The rising potential of advanced primary care as a benefits strategy

July 9, 2025
Hershey CEO exit means Fortune 500 loses a female CEO

Hershey CEO exit means Fortune 500 loses a female CEO

July 9, 2025
Franklin Alliance acquires Robert Morris & Company

Franklin Alliance acquires Robert Morris & Company

July 9, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Not Their Bag: Dolce & Gabbana USA Dismissed from NFT Fraud Case

Not Their Bag: Dolce & Gabbana USA Dismissed from NFT Fraud Case

July 15, 2025
Nvidia gets nod from Washington to resume sales of H20 China chip

Nvidia gets nod from Washington to resume sales of H20 China chip

July 15, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!