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The effort to Sportfive has opted for the financial investor Advent, Bertelsmann and RTL worthwhile. The sports rights marketer is available for sale and bidders snake. A newspaper report suggested that the transaction up to 450 million euros involved.
Frankfurt am Main - The large number of financial companies were interested investors, reports the Frankfurter Allgemeine Zeitung ", without sources. Among the bidders circle included Hellman & Friedman, BC Partners, Permira and Providence Equity.
DPA
-Borussia Dortmund player Alexander Frei: bidders race for marketing rights Currently, the prospects are reported to the opportunity to test business (due diligence). I understand they are binding bids in early November. A decision will later this year.
Estimates show that today's owners to financial investor Advent International in the total sale of Sportfive 750 million to one billion euros per shift. That would be no bad deal, Sportfive with the introduction of Advent, the last held 65 percent, two and a half years but only 550 million euros. 25 percent belong to the Bertelsmann-owned RTL Group Group.
sports specialist earns with its approximately 400 employees with sales of half a billion euros an operating profit of just under 100 million euros, it noted in the report, referring to industry experts. The Bundesliga has Sportfive with Borussia Dortmund
, Hamburger SV, 1 FC Nuremberg, Hertha BSC Berlin, Arminia Bielefeld and Eintracht Frankfurt five clubs under long-term contract. mik / dpa-AFX