ProSiebenSat.1 Reclaims Full Control of ParshipMeet and NuCom in Deal Worth up to €98M - Internet Dating Investments

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ProSiebenSat.1 Reclaims Full Control of ParshipMeet and NuCom in Deal Worth up to €98M

ParshipMeet GroupRETAIL NEWS - ProSiebenSat.1 is buying back full control of NuCom and ParshipMeet Group from investor General Atlantic in a deal that includes: €10M in cash, 5.9 M of its own shares (worth ~€38M) and a €50M payout due if ParshipMeet is sold later. The deal excludes beauty platform flaconi, where General Atlantic will keep a 28.4% stake, and ProSiebenSat.1 holds the rest. One condition for completing the deal is the sale of comparison site Verivox. This move gives ProSiebenSat.1 full control over its dating and e-commerce businesses and more flexibility for future sales or investments.

See full article at Retail News

This post also appears on OnlinePersonalsWatch

03/24/2025 |

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