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New Deal


Announced

Hellman & Friedman and Blackstone to acquire Scout24.

Financials

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Transaction Value£5,020m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales11x
EV/EBITDA22x
Share Price Premium27.4%
One Off Charge-

Tags

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Germany

E-commerce

Acquisition

digital marketplace

Public

Failed

Private Equity

Hostile

Majority

Single Bidder

Synopsis

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Hellman & Friedman and Blackstone submitted a joint takeover offer to Scout 24’s shareholders of €46 ($52) per share. Scout24 is a German classifieds group. The offer was ultimately rejected by Scout24 shareholders and withdrawn. “We believe this is an attractive offer with a substantial premium, high transaction certainty and a strategic value-add for the company,” Hans-Holger Albrecht, Scout24 Chairman.

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