Simpson Thacher represented KKR in connection with the financing related to KKR’s announced voluntary public tender offer for the shares of Axel Springer SE (“Axel Springer”) for €63 per share in cash.
The voluntary public tender offer values Axel Springer at EUR 6.8 billion and will be subject to various customary conditions, including the receipt of regulatory approvals.
Axel Springer is a media and technology company active in more than 40 countries. The company has diverse media brands (e.g. BILD and WELT Group, Insider Inc., Politico.eu) and classifieds portals (e.g. StepStone, SeLoger, Immowelt).
The Simpson Thacher team includes Ian Barratt (Picture), Kate Sinclair and George Dyesmith (Banking and Credit); and Clare Gaskell and Alice Prinsley (Equity).
Involved fees earner: Ian Barratt – Simpson Thacher & Bartlett; George Dyesmith – Simpson Thacher & Bartlett; Clare Gaskell – Simpson Thacher & Bartlett; Alice Prinsley – Simpson Thacher & Bartlett; Kate Sinclair – Simpson Thacher & Bartlett;
Law Firms: Simpson Thacher & Bartlett;