Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Parken Sport & Entertainment divests Fitness DK to PE firm Altor
June 29, 2018

Park Sport & Entertainment (PSE), the company behind FC Copenhagen, sells Fitness.dk for DKK 100m to Sats Elixia, a portfolio company of Altor Equity Partners. The sale happens 12 years after PSE acquired Fitness DK for DKK 300m. The divestment affects PSE’s top- and bottom line negatively due to large write-downs in relation to the sale.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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