BC Partners To Pay $4.2B For German Publishing Co.

Law360, New York (June 18, 2013, 8:18 PM EDT) -- Swedish buyout fund EQT Partners AB and a Singapore sovereign wealth fund are on the verge of an agreement to sell German publisher Springer Science & Business Media GmbH to British private equity house BC Partners Ltd. for €3.1 billion ($4.2 billion).

The moves comes just a week after EQT and Government of Singapore Investment Corp. announced they would focus on taking Springer Science public. The sellers had sought €3.5 billion ($4.6 billion) for the media publisher as it pursued a dual-track strategy of prepping the...
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