Press Release: Mergers: Commission clears proposed acquisition of ProSiebenSat.1 by KKR and Permira

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of ProSiebenSat.1, the second largest German TV broadcasting group. by equity funds Permira of the Channel Islands and Kohlberg Kravis Roberts (KKR) of the US The Commission concluded that the transaction would not significantly impede effective competition in the European Union Area (EEA) or in any substantial part of it.