KKR builds 5.2% stake in ProSieben, says company undervalued

May 11, 2020 by  
Filed under News

U.S. private equity house KKR said on Monday it had acquired a stake of 5.2% in ProSiebenSat.1 Media , becoming the third investor to amass a sizable shareholding in the struggling German broadcaster.

Source: Reuters Business News

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