The plaything of private equity, academic publisher Springer is headed for a sale yet again, with a speculated price that doesn’t seem to reflect much change in value. In late 2009 Sweden’s EQT Partners and the Singapore government took it off of Candover and Cinven’s hands for a small amount of cash and assumption of 2.2 billion euros in debt. (Candover and Cinven had bought what was Bertelsmann Springer in 2003 and merged it with Kluwers Academic Publishers. As de rigeur now, the report says the owners are looking at a possible IPO on the German stock market in addition […]
