Billionaire Issa brothers snap up German petrol chain for £440m

Billionaire Issa brothers snap up German petrol chain for £440m

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...
German Football’s Media Rights Said to Attract Advent, BC

German Football’s Media Rights Said to Attract Advent, BC

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...