Eurocardsharing

Go Back   Eurocardsharing > General Discussions > General Satellite News > Latest Satellite News

Latest Satellite News Discussion, New No quick sale of ProSiebenSat.1 at General Satellite News forum; No quick sale of ProSiebenSat.1 Jrn Krieger Financial investors Permira and KKR are not planning a quick sale of their ...

Reply
 
LinkBack Thread Tools Display Modes
New No quick sale of ProSiebenSat.1
Old
  (#1)
Bacteria
Administrator
 
Bacteria's Avatar
 
Offline
Posts: 96,015

Level: 124 [♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥]
Life: 4638 / 4638
Magic: 32005 / 105581
Experience: 68%

Thanks: 1,107
Thanked 5,578 Times in 1,419 Posts
Join Date: Oct 2006
Age: 37
Thumbs up New No quick sale of ProSiebenSat.1 - 04-June-2009, 10:50

No quick sale of ProSiebenSat.1

Jrn Krieger



Financial investors Permira and KKR are not planning a quick sale of their German TV group ProSiebenSat.1. An exit at this point in time would make no sense, Gtz Muser, head of the broadcasters supervisory board, told German newspaper Sddeutsche Zeitung.

But Muser added that it was also clear that at some stage the company would be sold.

Splitting the broadcaster into several parts and selling them individually is out of the question, the Permira manager said. We have created a pan-European television group and will continue to hold onto this concept. The idea is still right, so we wont be spinning off and selling any part of the core business.

Muser does not consider the companys debt of around 3.5 billion to be a problem. At some point this economic crisis will end. Then ProSiebenSat.1 will exploit its earning capacity and again make enough profit to pay off the debt.


Regards,

www.eurocardsharing.com
   
Reply With Quote
Reply

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump



ECS on RSS ECS on Twitter ECS on Facebook ECS on Youtube
Follow us on:

Powered by vBulletin
Copyright 2002 - 2010, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.
Dreambox