System.NullReferenceException: Object reference not set to an instance of an object. at DotNetNuke.Framework.DefaultPage.OnLoad(EventArgs e) in e:\websites\tvtechnology.com\public_html\Default.aspx.cs:line 791 Permira, KKR to purhcase SBS | TvTechnology

Permira, KKR to purhcase SBS

August 30, 2005

SBS Broadcasting has entered into a agreement for its business to be acquired by private equity firms Permira and Kohlberg Kravis Roberts (KKR) for approximately $2.5 billion.

SBS has grown from three Scandinavian television stations founded in 1993, into one of Europe's largest broadcasting companies, reaching more than 100 million people across nine countries.

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The transaction is subject to competition clearance and must be approved by SBS shareholders prior to closing.

For more information, visit www.sbsbroadcasting.com.

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