Getting your Trinity Audio player ready...
FRANKFURT, Sept 4 (Reuters) – KKR and Permira
, the controlling owners of ProSiebenSat.1,
have sold a quarter of their stake in the German free-to-air
broadcaster at 30.67 euros ($40) apiece, a person familiar with
the transaction said on Wednesday.
The private equity firms had to grant investors – who mainly
came from the U.S. and the UK – a discount of about 5 percent in
the sale of 25 million ProSieben shares. That was slightly more
than originally planned.
After the placement, KKR and Permira retain a combined stake
of 33 percent in ProSiebenSat.1.
