I Squared and Blackstone weigh Stroeer takeover

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I Squared and Blackstone weigh Stroeer takeover

privateequitywire

3 months ago

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Infrastructure investor I Squared Capital and private equity group Blackstone are reportedly moving closer to a potential acquisition of German media company Stroeer in a deal that could value the business at around €2.5bn, according to a report by Bloomberg.
The report cites unnamed sources familiar with the discussions as revealing that the firms are considering a joint offer in the mid-€40-per-share range. The move would represent a premium to Stroeer’s recent trading price and follows earlie...

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