Reported 4 months ago
German billionaire Mathias Döpfner and KKR are reportedly close to finalizing a €13.5 billion deal to divide Axel Springer, focusing on giving KKR majority control over the company's lucrative classifieds sector. This deal, expected to be discussed at a supervisory board meeting, would solidify Döpfner's authority over various media outlets, including Politico and Bild.
Source: YAHOO