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.
Redstone is looking to acquire a major stake in Parken
January 9, 2019

Parken Sport & Entertainment’s largest shareholder, Lønmodtagernes Dyrtidsfond, is in dialogue with British Redstone Advisory Partners to sell its stake of just over 29%. According to market rumors, the price range is DKK 105-120 pr. share corresponding to a valuation of DKK 1bn - 1.2bn. A DKK 1.2bn valuation would resemble an EV/EBITDA multiple of 5.4x.

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