KKR offers 40% premium to buy out Axel Springer minorities

Funds controlled by U.S. private equity investor KKR on Wednesday offered 63 euros a share to buy out minority shareholders in Axel Springer in a deal agreed with the German publisher’s main shareholders.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/ONatbjm_2lM/kkr-offers-40-premium-to-buy-out-axel-springer-minorities-idUSKCN1TD0GJ