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Axel Springer, KKR near $13.5 billion break-up deal

German publisher Axel Springer and investment firm KKR are close to a $13.5 billion break-up deal to break up the media giant. The Financial Times reported. The two sides are due to meet at a supervisory board meeting on Thursday to discuss the proposed structure of a deal that would give KKR majority control of […]

Southport murder accused named as Axel Rudakubana | UK news

The 17-year-old boy accused of murdering three girls at a Taylor Swift-themed dance class in Southport has been named Axel Rudakubana. Rudakubana is accused of murdering three children – Alice Dasilva Aguiar, nine, Bebe King, six, and Elsie Dot Stancombe, seven – with a kitchen knife after breaking into a classroom in Hart Street, Southport, […]

Axel Springer, KKR in talks to break up media empire: report

German billionaire Matthias Döpfner and private equity group KKR are in talks to break up media conglomerate Axel Springer. The Financial Times reported. on Thursday, citing four people familiar with the matter. Under the terms of the separation, Axel Springer’s largest stakeholder, KKR and the Canada Pension Plan Investment Board, will control a portfolio of […]

Hedge funder Bill Ackman dines in NYC with Axel Springer CEO

Have they reached a détente regarding foie gras? after bill ackman threatened to sue Business Insider last monthspies told Page Six that the billionaire hedge fund manager was spotted dining at Daniel’s last week with Matthias Dopfner, CEO of Business Insider’s parent company, Axel Springer. . Mr. Ackman and Mr. Dopfner raised eyebrows when they […]