World News: 12:25 GMT Wednesday 12th June 2019. [Yahoo Business News Feed via SPi World News]
The U.S. private equity firm’s 6.8 billion-euro ($7.7 billion) deal to take Axel Springer SE private with its founding family comes with some big compromises. This is far from a conventional LBO. Friede Springer, of the newspaper publisher’s founding family, and Mathias Doepfner, its chairman and CEO, aren’t selling their combined 45% holding and will stay in the driving seat.
SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.