People doing that to people! I am so disgusted by men and women who working there to build that shit! They are guilty!
I pray for you Australians! Let´s hope august 31 will hammer them down!
Hm… in 2019
Axel Springer enters into investor agreement with KKR to support long-term growth strategy
KKR to launch voluntary public tender Offer to all shareholders at a price of EUR 63.00 in cash
Executive Board and Supervisory Board welcome strategic partnership with KKR and voluntary public tender Offer
Axel Springer to benefit from new strategic and financial partner supporting long-term growth and investment strategy
Shareholders to benefit from significant premium of 39.7 percent to unaffected share price and immediate and certain value crystallization
Entities controlled by Friede Springer and Mathias Döpfner have entered into shareholder agreement with KKR and will retain their shareholdings
Axel Springer SE (“Axel Springer” or the “Company”) has signed today an investor agreement with Traviata II S.à r.l., a holding company (“Investor”) owned by funds advised by investment firm KKR to create a strategic partnership supporting the long-term growth and investment strategy of the Company. In this context, the Investor has announced its intention to launch a voluntary public tender Offer (the “Offer”) at an Offer price of EUR 63.00 per share in cash for all outstanding shares of Axel Springer (the “Offer Price”).
The announcement today and Offer by KKR is the result of a strategic review and stringent process initiated by the Executive Board of Axel Springer in the context of its growth strategy presented in December 2018. The Executive Board of Axel Springer has evaluated different options including finding a committed shareholder and strategic partner, who supports the realization of the Company’s strategy, while at the same time offering all shareholders of Axel Springer the opportunity to realize a significant part of the envisaged long-term value creation immediately upfront.
Partnership to enable pursuit of new growth opportunities
Axel Springer aims at becoming the leading global provider of digital content and digital classifieds. KKR has significant expertise in the digital and media sectors, an impressive track record of successful investments in Germany and across Europe and will be a strong strategic and financial partner for Axel Springer. KKR supports Axel Springer’s strategy of investing in further growth projects to generate long-term value. Furthermore, the parties are in agreement that Axel Springer will remain a leading voice in independent journalism across all channels, nationally and internationally alike.
https://www.axelspringer.com/en/press-releases/axel-springer-enters-into-investor-agreement-with-kkr-to-support-long-term-growth-strategy
$1… "Stars" in every aspect are losing!