KKR pitched a 40 percent premium to buy out Axel Springer’s minority investors, Reuters reported. The proposal values the company at 6.8 billion euros ($7.7 billion) and would guarantee Axel Springer’s 76-year-old widow Friede a say over strategy even if KKR secures a majority stake, the story said.
Source: https://www.pehub.com/2019/06/kkr-offers-to-buyout-axel-springers-minority-investors-reuters/
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