Politics
Bayern Munich Sells Stake to Family Office at $4.5 Billion Value
Key Points
Deals Bayern Munich Sells Stake to Family Office at $4.5 Billion Value The family behind a German heating equipment fortune has bought a stake in FC Bayern München AG, becoming only the fourth outside shareholder in the famous football team. Viessmann Generations Group GmbH & Co.
Deals
Bayern Munich Sells Stake to Family Office at $4.5 Billion Value
The family behind a German heating equipment fortune has bought a stake in FC Bayern München AG, becoming only the fourth outside shareholder in the famous football team.
Viessmann Generations Group GmbH & Co. KG is buying a 5% stake, rising to just below 6.7% after a capital increase. The deal values the club at about €4 billion ($4.5 billion), according to people familiar with the matter. The parties gave no financial terms in a statement on Thursday. A spokesperson for Bayern Munich declined to comment.