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Market Chatter: KKR Buys European Music Festivals Owner in $1.64 Billion Deal
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Market Chatter: KKR Buys European Music Festivals Owner in $1.64 Billion Deal
Jun 21, 2024 7:53 AM

10:18 AM EDT, 06/21/2024 (MT Newswires) -- KKR & Co ( KKR ) has agreed to buy Superstruct Entertainment, the company behind music festivals like Hungary's Sziget and Germany's Wacken Open Air, for 1.3 billion British pounds ($1.64 billion), the Financial Times reported Friday, citing people familiar with the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 108.25, Change: -1.80, Percent Change: -1.64

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