M&AConsumerSIGNED
KKR Co-Founders' Family Offices Join Consortium to Acquire 42% Stake in Valencia CF
Acquirer
Consortium including KKR co-founders' family offices
Target
Valencia
Family offices of KKR co-founders George Roberts and Henry Kravis are participating in a consortium that has agreed to acquire a 42% stake in Spanish football club Valencia. The transaction values the football club at €1.25 billion.
✦ Meridian Analysis
A consortium including KKR co-founders' family offices has agreed to acquire a 42% stake in Spanish football club Valencia, valuing the football club at €1.25 billion. The transaction is signed.
Deal professionals will be looking for the final structure of the financing, the appointment of advisers, and the timetable for regulatory approvals. The consortium has not disclosed the purchase price per share, the mix of debt and equity, or whether any existing shareholders will be diluted.
The Meridian Weekly
The week's largest deals and the Iberian ones, every Monday. Free.