HANDELSBLATT - The IPO could take place in the Q2 of 2022 and the subsidiary of the German television group Pro Sieben Sat 1 could be valued at 4B - 5B euros. The company has selected Morgan Stanley and BNP Paribas as lead advisory banks for the planned listing in Frankfurt. Pro Sieben Sat 1 Media holds 53% of ParshipMeet and wants to stay invested. On the other hand, the investment company General Atlantic, which holds a 43% stake, wants to get out.
by Arno Schütze
See full article at Handelsblatt
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