Klaus Lauer

1 month ago | kfgo.com | Elvira Pollina |Klaus Lauer

By Elvira Pollina and Klaus Lauer(Reuters) – German media group ProSiebenSat.1 said on Thursday it has approved an agreement with U.S. private equity firm General Atlantic on the acquisition of the U.S. firm’s minority stakes in dating platform ParshipMeet and internet holding NuCom Group. The deal with General Atlantic is expected to pave the way to the sale of ProSieben digital assets, including e-commerce portal Verivox to Italy’s Moltiply Group.

1 month ago | money.usnews.com | Klaus Lauer |Elizaveta Gladun |Anastasiia A. Kozlova

By Klaus Lauer, Elizaveta Gladun and Anastasiia Kozlova(Reuters) -European media group RTL is aiming to return to an annual operating profit of 1 billion euros ($1.08 billion) in the medium term, CEO Thomas Rabe said on Thursday, counting on the eventual economic upturn to boost ad revenue. "We will achieve this in two to three years," Rabe said in a media call, adding the timing depended largely on developments in Germany's challenged economy, which heavily correlate with TV advertising growth.

1 month ago | msn.com | Klaus Lauer |Elizaveta Gladun |Paolo Laudani

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1 month ago | msn.com | Klaus Lauer |Elvira Pollina

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1 month ago | money.usnews.com | Klaus Lauer |Elvira Pollina

By Klaus Lauer and Elvira PollinaBERLIN/MILAN (Reuters) - The supervisory board of ProSiebenSat.1 has put on hold a potential deal that could hand U.S. private equity firm General Atlantic a minority stake in the German broadcaster, sources told Reuters on Monday. General Atlantic is a co-investor in ProSieben's internet units - price comparison website Verivox, perfume e-retailer Flaconi, and online dating platform ParshipMeet Group - which the TV group is looking to sell.