Announced
Completed
Synopsis
777 Partners, a private investment firm, completed the acquisition of the remaining stake in Hertha, a German professional football club. Financial terms were not disclosed. “This is a future-oriented step for Hertha BSC. We would like to thank Josh Wander for his belief in Hertha BSC. This strategic partnership will help us to continue the restructuring process and economic consolidation of Hertha BSC. We are pleased to welcome 777 Partners to the Hertha family. We owe our thanks to our managing director Thomas Herrich and his team. We are looking forward to working together with our new partner and want to make a positive impact on the future of Hertha BSC,” Kay Bernstein, Hertha President.
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