German broadcaster buys Swedish travel firm for $267mn

ProSiebenSat.1, a Munich-based German broadcaster, has acquired Swedish online travel agency Etraveli Holding AB for Euro235million ($267mn) from private equity (PE) firm Segulah IV LP. The acquisition deal for ProSiebenSat.1 is its biggest investment in the global e-Commerce. The German broadcaster will expand its digital operations globally following the acquisition. ProSiebenSat.1 is planning to expand beyond TV business.

Read Full Article

Red Arrow picks up majority stake in US entertainment firm Half Yard for over $40M

Unterfoehring, Germany-based production and distribution firm Red Arrow Entertainment Group picked up a majority stake in Bethesda, US-based entertainment firm Half Yard Productions in a deal estimated to be valued at more than $40 million.

Read Full Article

TMG sells ProSiebenSat stake, raises EUR 391 million

Telegraaf Media Group (TMG) was able to raise EUR 391 million by selling its non-core stake in ProsiebenSat 1.

Read Full Article

KKR and Primera undertakes its exit plan

The sale of 11% over Prosiebensat.1 is the start of the exit of KKR and Primera from the business.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics