We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

KKR Deal Values German Publisher Axel Springer At €6.8B

Law360 (June 12, 2019, 3:01 PM EDT) -- A holding company owned by KKR-advised funds plans to make a voluntary tender offer for Axel Springer SE, an offer that implies a roughly €6.8 billion ($7.68 billion) equity value for the German publisher, the companies said Wednesday.

KKR said in its statement that Traviata II Sàrl will offer €63 in cash for each Axel Springer share. A minimum of 20% of the company’s shares must be tendered in the offer, the companies said. KKR said the publisher’s CEO Mathias Döpfner and supervisory board member Friede Springer, whose late husband founded the company, will not be selling their shares in the offer....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS