Deals
German Soccer Picks Blackstone, CVC as Suitors for TV Rights
- EQT has been eliminated from broadcasting rights process
- German football league to sell 8% stake in TV vehicle
Bayern Munich's German midfielder Jamal Musiala (L) and Union Berlin's Norwegian midfielder Morten Thorsby
Photographer: CHRISTOF STACHE/AFPGermany’s professional football governing body DFL picked private equity firms CVC Capital Partners and Blackstone Inc. as final suitors for a stake in the league’s media rights, according to a statement Wednesday.
DFL Deutsche Fussball Liga GmbH’s supervisory board on Wednesday decided to eliminate EQT AB from the bidding. A representative for EQT declined to comment.