British petrol-station operator EG Group has agreed to buy Austrian oil and gas company OMV’s network of 285 petrol stations in southern Germany for 485 million euros ($589 million), OMV said on Monday. OMV had put the network up for sale as part of a divestment plan...
The German government will buy a 25.1% stake in German defence supplier Hensoldt from private equity company KKR for 464 million euros ($562 million), people with knowledge of the matter said on Saturday. The sources said the purchase is intended to ward off a foreign...
After watching from the sidelines as a boom in the listing of special purpose acquisition companies (SPACs) reshaped U.S. capital markets, Europe is preparing to play catch up next year with around 10 such deals said to already be in the pipeline. SPACs are shell...
More than 20 private equity firms are in the running to invest €300m in the Bundesliga, as Germany’s top football league embarks on a radical plan to roll out an international online subscription service. Deutsche Fussball Liga (DFL), the body that runs Germany’s top...
Germany’s elite soccer body has attracted fresh private equity interest in its overseas media rights, as cash-hungry European leagues explore ways to unlock value from the world’s most popular sport. Advent International and BC Partners are among suitors that have...