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Europe Daily Bulletin No. 9373
Contents Publication in full By article 25 / 31
GENERAL NEWS / (eu) eu/competition

Commission clears proposed acquisition of proSiebenSat.1 by KKR and Permira

Brussels, 23/02/2007 (Agence Europe) - On 22 February, the European Commission authorised the proposed acquisition of ProSiebenSat.1, the second largest German TV broadcasting group, by equity funds Permira of the Channel Islands and Kohlberg Kravis Roberts (KKR) of the United States.

Permira and KKR are both equity investment funds. In the media sector, they jointly control the Dutch SBS TV group, mainly active in the Nordic countries and in the Netherlands and Belgium. Permira also...

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TIMETABLE
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€ VALUE IN DIFFERENT CURRENCIES ON 23/02/2007: