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1. www.reuters.com › markets › dealsGerman media empire Axel Springer to split in deal with KKR

   www.reuters.com › markets › deals

   Sep 19, 2024 · The deal to split Axel Springer would hand the group's media assets to Doepfner and members of the Springer family, including the 82-year-old Friede Springer, Axel's widow, who...

2. www.nytimes.com › 2024/09/19 › businessAxel Springer Strikes Deal With KKR to Split Up Publishing ...

   www.nytimes.com › 2024/09/19 › business

   Sep 19, 2024 · Döpfner and Friede Springer, the widow of the company’s founder, will assume full control of the media properties. And Axel Springer’s biggest outside investors, the private equity firm KKR ...

3. www.forbes.com › sites › daviddawkinsAxel Springer’s CEO Was Just Given $1.2 Billion In Stock ...

   www.forbes.com › sites › daviddawkins

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   Oct 9, 2020 · In gifting and selling stock to Döpfner, Friede Springer cut her stake to 22%, reducing her net worth by an estimated $1.4 billion—yet she’ll still make the World’s Billionaires list.

4. www.morningstar.com › news › marketwatchPolitico owner Axel Springer strikes deal with KKR to split ...

   www.morningstar.com › news › marketwatch

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   Sep 19, 2024 · Private equity giant KKR first became Axel Springer's largest shareholder in 2019 after it bought a 43.54% stake in the German media empire for EUR2.9 billion, in a deal that took the Berlin...

5. www.ft.com › content › 1d09ac2b-2521-47ec-a6d2-16b52Axel Springer and KKR in talks to break up media empire

   www.ft.com › content › 1d09ac2b-2521-47ec-a6d2-16b52

   Jul 11, 2024 · German billionaire Mathias Döpfner and private equity group KKR are negotiating a break-up of media conglomerate Axel Springer, in a deal that would separate the group’s media assets from its...

6. www.axelspringer.com › en › ax-press-releaseMessage to Axel Springer Employees from Mathias Döpfner ...

   www.axelspringer.com › en › ax-press-release

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   Sep 19, 2024 · Today, Axel Springer CEO Mathias Döpfner shared the following message with employees of the company: “Dear colleagues, Five years ago, before we entered the partnership with KKR and CPP Investments, Friede Springer and I were sitting in her office discussing what the long term strategy and eventual conclusion of the partnership might look like.

7. People also ask

   Why did Friede Springer cut her stake in Axel Springer in half?

   • Last week, in Germany billionaire Friede Springer sliced her 43%, $3 billion dollar stake in German publishing giant Axel Springer in half. She gave a generous 15% stake to loyal CEO Mathias Döpfner, plus sold him an additional 4.1% of the company, to ensure a “smooth” succession of the empire founded by her late husband into the hands of her CEO.

   Axel Springer’s CEO Was Just Given $1.2 Billion In Stock

   www.forbes.com/sites/daviddawkins/2020/10/09/axel-springers-ceo-was-just-given-12-billion-in-stock-heres-how-he-might-sidestep-a-500-million-tax-bill/

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   What if Axel Springer & Friede Springer split?

   • Under the separation being discussed, Axel Springer’s chief executive Döpfner and Friede Springer, the widow of the company’s founder, would assume greater control of the group’s media properties, according to four people with knowledge of the matter.

   Axel Springer and KKR in talks to break up media empire | Financial Times

   www.ft.com/content/1d09ac2b-2521-47ec-a6d2-16b52d88167f

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   Does KKR own Axel Springer?

   • Axel Springer will become a fully privately owned and operated media company for the first time since the company's IPO in 1985. By the numbers: KKR took Axel Springer private in a 2019 deal valuing the company at €6.7 billion. KKR and CPPIB, Canada's largest pension fund, own a 48.5% stake in the company

   KKR, Axel Springer reach deal to break up the media giant - Axios

   www.axios.com/2024/09/19/axel-springer-kkr-break-up

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   Who is Axel Springer's wife Friede Springer?

   • Moving forward, Döpfner and Friede Springer, the widow of the company's founder who currently serves as vice-chair, will control 98% Axel Springer's U.S. and European media properties, including Politico, Business Insider and German outlets Bild and Die Welt.

   KKR, Axel Springer reach deal to break up the media giant - Axios

   www.axios.com/2024/09/19/axel-springer-kkr-break-up

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8. www.axios.com › 2024/09/19 › axel-springer-kkr-break-upKKR, Axel Springer reach deal to break up the media giant - Axios

   www.axios.com › 2024/09/19 › axel-springer-kkr-break-up

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   Sep 19, 2024 · KKR and CPPIB, Canada's largest pension fund, own a 48.5% stake in the company. The deal will give KKR and CPPIB control over Axel Springer's classifieds business, which includes jobs platform StepStone and real estate advertising unit Aviv.