Advanced Television


KKR buys OHB stake

Germany-based rocket and space technology company OHB, controlled by the Fuchs family, has sold a significant stake in the business to private equity investor KKR. OHB (its name comes from ‘Otto Hydraulic Bremen’) has operating assets throughout Europe and is a well-regarded supplier to German, European and international space-related projects. It helped build the first […]

November 13, 2023By Chris Forrester

KKR invests in Augsburg/SaxaVord

Kohlberg Kravis Roberts is investing $33 million (€30m) in Rocket Factory Augsburg (RFA) which is building rockets for launch from Scotland’s SaxaVord spaceport. “The investment will facilitate RFA’s upcoming integrated first stage test and complete the company’s launch pad at SaxaVord Spaceport in Scotland, to eventually bring the RFA ONE microlauncher to the launchpad,” said […]

August 9, 2023By Chris Forrester

Telenor Fiber completes sale of 30% to KKR

Telenor has closed the transaction to divest 30 per cent of Telenor Fiber in Norway to a consortium led by KKR, investing through its Core Infrastructure strategy, with Oslo Pensjonsforsikring as co-investor. The agreed sales price is based on an enterprise value of NOK 36.1 billion (€3.3bn) for the Norwegian fibre business which had a […]

February 1, 2023

Vodafone, GIP, KKR in Vantage Towers partnership

A consortium of funds led by Global Infrastructure Partners (GIP) and KKR has entered into a strategic co-control partnership with telco Vodafone for Vodafone’s c. 81.7 per cent stake in Vantage Towers, a leading telecoms tower company in Europe. Vodafone will transfer its stake in Vantage Towers to a holding company (Oak BidCo), which will […]

November 10, 2022

KKR bids for Deutsche Telekom tower business

A trio of investors, KKR & Co, Global Infrastructure Partners and Stonepeak Partners, have combined to bid for a controlling stake in Deutsche Telekom’s (DT) cellular towers subsidiary, according to Bloomberg. However, they are not alone in the bidding war. A consortium of Canadian investment firm Brookfield Asset Management and Cellnex Telecom has also made […]

June 21, 2022By Chris Forrester

Italy network integration MoU signed

Further to an earlier announcement, CDP Equity (CDPE), a company wholly owned by Cassa Depositi e Prestiti (CDP), Teemco Bidco S.à.r.l., a Luxembourg company controlled by one or more funds managed by Kohlberg Kravis Roberts & Co. L.P. (KKR), Macquarie Asset Management (Macquarie), Open Fiber and TIM have entered into a non-binding Memorandum of Understanding […]

May 30, 2022

TIM talks with KKR

Telecom Italia (TIM) is starting formal talks with the KKR fund on its €10.8 billion offer. KKR made an initial approach for TIM in November 2021. TIM has now said that it would start talks with KKR while simultaneously exploring its alternative of possible merger with state-backed broadband operator Open Fiber. TIM carries €29 billion […]

March 14, 2022

KKR tables offer for Telecom Italia

Telecom Italia (TIM) has received a €10.8 billion offer from US fund KKR aimed at taking Italy’s biggest telco private. KKR’s move comes as TIM’s CEO Luigi Gubitosi finds himself under grave pressure from top investor Vivendi following two profit warnings in recent months. TIM said KKR had set an indicative price of €0.505 for […]

November 22, 2021

Colombia: KKR, Telefónica to create fibre optic network

KKR, a global investment firm, has announced an agreement with Telefónica Colombia, a subsidiary of Spanish telecom group Telefónica, to establish Colombia’s first independent nationwide open access wholesale digital infrastructure company. The new company will expand availability of ultra-fast fibre optic internet, benefitting more consumers and businesses across Colombia. As part of the agreement, KKR […]

July 19, 2021

KKR boosts ProSiebenSat.1 stake

Germany’s ProSiebenSat.1 has acquired the free-to-air domestic TV broadcast rights package of the (DFL) Bundesliga football games for the 2021-2025 seasons. Sky Deutschland won five of the seven pay-TV packages. Perhaps coincidentally, private equity giant KKR increased its stake in ProSiebenSat.1 and now holds 6.61 per cent. Earlier KKR acquired a 5.21 percent stake as […]

June 25, 2020