U.S. President Barack Obama travels to Europe next month to start formal negotiations on a trading bloc that would dwarf any the world has seen. He should look for ways to integrate Turkey into this new order.
ProSiebenSat.1 Media AG, the German broadcaster controlled by KKR & Co. and Permira Advisers LLP, is offering to pay a higher interest rate as it seeks to extend about 1.9 billion euros ($2.5 billion) of loans, according to four people with knowledge of the matter.
ProSiebenSat.1 AG, the German broadcaster controlled by KKR & Co. and Permira Advisers LLP, reported first-quarter revenue that exceeded analysts’ estimates as German television-advertising sales increased.
Bertelsmann SE, Europe’s largest media company, said it plans to spend as much as 3 billion euros ($3.9 billion) on acquisitions over the next three years as it seeks to grow and limit its reliance on Europe.
Bertelsmann SE, Europe’s largest media company, will add a Frankfurt listing for its RTL Group SA unit, seeking to appeal to a broader base of investors as it prepares to cut its stake in the broadcaster.