TPG Real Estate Partners to acquire a majority stake in Studio Babelsberg from Filmbetriebe Berlin Brandenburg.

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.