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233 EQT and Kühne Holding to acquire 35% stake in German travel tech firm Flix, reportedly for around €1B

Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · 07/05/2024 11:42 EDT

EQT and Kühne Holding to acquire 35% stake in German travel tech firm Flix, reportedly for around €1B

Munich-based Flix SE, a travel technology company, announced on Thursday that EQT Group and Kühne Holding have acquired a 35 per cent minority stake worth around €1B. This investment values the company at over €3B, reports Bloomberg.  As part of this investment, shares will also be purchased from existing shareholders to establish a long-term anchor ... Read more

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