KKR To Buy Southeast European Media Group

Law360, New York (October 15, 2013, 4:39 PM EDT) -- Private equity firm Kohlberg Kravis Roberts & Co. LP agreed to acquire Balkans TV company SBB/Telemach Group from Mid Europa Partners for an undisclosed amount, the company announced Tuesday.

The deal represents KKR's first investment in Southeastern Europe and will complement its portfolio of 40 European companies in 12 other countries. The deal will close by the end of this year if it passes regulatory approvals.

"We look forward to partnering with [executive] Dragan Solak and his team. They have built a strong and sophisticated TV...
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