Betaville IntelligenceTuesday, 20 June 2017, 10:38 am
Little old Betaville is in a particularly good mood this morning as another Intelligence scoopette has been confirmed.
This morning German broadcast giant Prosiebensat1 announced it has sold online travel Etraveli to CVC Capital Partners, one of Europe's largest private equity firms, for just over EURO 500 million. Here is a link to the Financial Times piece on the news:..
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Betaville IntelligenceThursday, 11 May 2017, 5:10 pm
This piece - https://www.bloomberg.com/news/articles/2017-05-11/ctrip-blackstone-said-to-weigh-bids-for-prosieben-travel-arm - from Bloomberg would appear to confirm little old Betaville's Intelligence piece from a few weeks ago. Here is the link in case you don't recall: ..
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Betaville IntelligenceFriday, 10 March 2017, 4:37 pm
German broadcasting giant Prosiebensat1 has appointed investment bankers to work on a potental sale of online travel agent Etraveli.
Sources familiar with the matter said Prosiebesat1 has asked Goldman Sachs run a potential auction, which may include a disposal of all or part of Etraveli.
According to one source, Goldman Sachs has already prepared a short information memorandum on Etraveli for potential buyers containing some financial information...
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