Announced
Financials
Tags
Friendly
Entertainment
Private Equity
Single Bidder
Pending
Acquisition
Cross Border
Germany
film production
Private
Majority
Synopsis
TPG Real Estate Partners, the dedicated real estate equity investment platform of global alternative asset firm TPG, agreed to acquire a majority stake in Studio Babelsberg, a film production company, from Filmbetriebe Berlin Brandenburg. Financial terms were not disclosed. The agreement includes a public tender offer to all shareholders of the company in the coming week. The management and supervisory board welcome this public offer and will support the investment.
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