Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
German billionaire and KKR near deal to split Axel Springer, granting KKR majority control of classifieds sector for €13.5B.
German billionaire Mathias Doepfner and KKR are close to finalizing a deal to split media giant Axel Springer, as reported by the Financial Times.
The agreement would grant KKR majority control of Axel Springer's lucrative classifieds sector, valuing the company at €13.5 billion (approximately $15 billion).
If approved, this move allows Doepfner to maintain a minority stake while KKR exits the news media division after acquiring Axel Springer in 2019.
11 Articles
El billonario alemán y la KKR están a punto de dividir a Axel Springer, concediendo a la KKR el control mayoritario del sector de los clasificados por 13,5B €.