General Atlantic to buy 25.1 pct of NuCom Group

ProSiebenSat.1 Group said Feb. 22 that General Atlantic will buy a 25.1 percent stake in NuCom Group. ProSieben said the transaction values NuCom at 1.8 billion euros ($2.2 billion). NuCom, of Munich, is an omnichannel platform for consumer services and lifestyle brands in Europe. JP Morgan provided financial advice to ProSiebenSat.1 while Goldman Sachs advised General Atlantic.

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