• Skip to main content
  • Skip to primary sidebar
  • Login
  • Register

Publishers Lunch

The Publishing Industry's Daily Essential Read

  • Publishers Marketplace
  • Site Guide
  • Help

This Time, Springer Sale Goes Through

December 11, 2009
By Michael Cader

Springer Science+Business has finally been unloaded, from one group of private equity firms (Candover and Cinven) to another: Sweden’s EQT Partners, with an 18 percent share being taken by the Singapore government’s investment company. The transaction is more a restructuring of Springer’s extensive 2.2 billion euros of debt than a conventional purchase. The purchase price was not released, though sources are guessing that the sale included 150 million euros in actual cash on top of the assumption of that mountain of debt.Bloomberg

Login to read full story

Filed Under: Finance

sidebar

Primary Free Sidebar

Login


Forgot password
Quick Pass users click here to log in
Get Full Access
The publishing industry's essential daily read

Each Publishers Lunch Deluxe subscription includes full access to our searchable multi-year archive of industry news, a nightly email reporting 10 to 50 deal transactions, and our database of industry contacts, scripts, and posting privileges.

Learn More

RSS Automat

  • Taylor & Francis to Make Voluntary Separation Offer; Threatens Layoffs to Follow September 25, 2023 Bookseller
  • Rupert Murdoch to Retire from News Corp and Fox Boards September 21, 2023 NYT
  • OpenAI's New DALL-E3 Lets Artists Opt-Out of Future Training; Rejects Request to Mimic the Style of Living Artists September 20, 2023 TechCrunch
  • Another Response to AI-Generated Books: KDP Lowers Limit On Number of Titles You Can Create, "To Help Protect Against Abuse" September 18, 2023 KDP Forum
  • TikTok (and Instagram) Stars Sell Cookbooks September 18, 2023 NYT
  • Actor and UK Harry Potter Audiobook Narrator Stephen Fry Demonstrates How His Voice Was Copied By AI Without Permission September 18, 2023 Deadline
  • Neal Sofman, Legend of Bay Area Independent Booksellers, dies at 75 September 15, 2023 SF Chronicle
  • Major Textbook Publishers Trying Suing Shadow Library LibGen Again September 15, 2023 Torrent Freak
  • Deesha Philyaw Has Seven-Figure Deal with Mariner for "The True Confessions of First Lady Freeman" in 2025 and "Girl, Look" September 14, 2023 AP
  • Copyright Office Doubles Down on Declining to Register Award-Winning Midjourney-Created AI Art September 12, 2023 Copyright Review Board document
© 2023 Publishers Lunch. All Rights Reserved.