KKR, a global investment firm, has announced an agreement with Telefónica Colombia, a subsidiary of Spanish telecom group Telefónica, to establish Colombia’s first independent nationwide open access wholesale digital infrastructure company. The new company will expand availability of ultra-fast fibre optic internet, benefitting more consumers and businesses across Colombia. As part of the agreement, KKR […]
Germany’s ProSiebenSat.1 has acquired the free-to-air domestic TV broadcast rights package of the (DFL) Bundesliga football games for the 2021-2025 seasons. Sky Deutschland won five of the seven pay-TV packages. Perhaps coincidentally, private equity giant KKR increased its stake in ProSiebenSat.1 and now holds 6.61 per cent. Earlier KKR acquired a 5.21 percent stake as […]
Investment houses KKR, Cinven and Providence have made an agreed €2.96bn bid for Spanish multiplay telco MásMóvil, representing the first such European buy-out attempt by private equity firms since the onset of the Coronavirus crisis. According to the three PE companies, holders of 29.56 per cent of MásMóvil’s stock had already agreed to sell for […]