Announced
Financials
Sources
Tags
Acquisition
Public
Single Bidder
Germany
Entertainment
live entertainment
Cross Border
Privatisation
Friendly
Majority
Pending
Private Equity
Synopsis
Apeiron Investment Group, the family office and. merchant banking business of Christian Angermayer, agreed to acquire DEAG Deutsche Entertainment, an entertainment service company, for $74m. The deal will result in DEAG being delisted from the stock exchange. "Despite the continuing uncertainties about the future of the live entertainment industry due to the ongoing restrictions, DEAG is pleased about the continuous support and trust of all members of the management board, the supervisory board, all managing directors, partners, co-shareholders and the current major shareholders who wish to continue to jointly pursue DEAG's existing growth course in an unlisted environment of the company," Peter Schwenkow, DEAG Founder and CEO.
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