Hellman & Friedman and Blackstone to acquire Scout24.

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 The offer was ultimately rejected by Scout24 shareholders and withdrawn.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.