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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market

Springer sold to private equity firms EQT and GIC

Posted on 15 December 2009

From Infotoday.com: Springer Science+Business Media is to be sold to EQT, a Swedish private equity (PE) firm, and GIC, a PE fund backed by the government of Singapore. The deal is expected to close by late January or early February 2010.
The German company is the world’s second-largest scientific, technical, and medical publisher after Reed Elsevier and was formed in 2003 by the merger of Kluwer Academic Publishers and Bertelsmann Springer……………………………….Full Article: Source

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