Prosieben OKs Deal on General Atlantic Digital Assets

By Elvira Pollina and Klaus Lauer

(Reuters) – German media group Prosiebensat.1, on Thursday, USA’s Private Capital Company and the US company’s minority dating platform and the Internet Holding has approved the contract with General Atlantic on the participation of the Nucom group.

Agreement with the General Atlantic, the E-Commerce Portal Veripox is expected to send the sale of Digital Assets of Prosibeboz, including the Electronic Trade Portal to the Moltiply Group of the Italian.

Prosieben, the current market value of the company’s current market value of 10 million euros ($ 10.85 million) and agreed to pay 5.9 million treasury shares.

In paying, Processeben, PaysShipMeet group includes a stable access to 50 million euros for GA.

A bond Prosiebe, who did not include an agreement with the General Atlantic, took into account that GA will give up to 10% in the German broadcaster. At the beginning of this week, the Supervisory Board led to the conduct of existing shareholders.

Verivox’s sales process is closely monitored with the best two investors in Prosiben: MFE-Mediaforurope, a television group managed by the Italian Berlusconi family and the Czech Republic PPF.

Both MFE and PPF and PPF called on their main television work and e-commerce and e-commerce and online assets.

GA deals include purchase of all minority shares in the Nucom group, excluding Fragrance E-retail flaconi.

General Atlantic will now hold a $ 28.4% share of a $ 28.4% in Flaconi through the Nucom group.

($ 1 = 0.9216 euro)

(Bengaluruda, Bengaluruda, Elvira Pollina, Klaus Lauer and Maria Martinez’s report in Bengaluru; Regulation by Leslie Adler and Cynthia Osterman);