ProSiebenSat1 has attracted interest from private equity firms and a media group for its Scandinavian operations, which could sell for up to 1.4 billion euros ($1.8 billion), three people familiar with the sale process said.Private equity firms BC Partners, EQT, Providence Equity Partners and network Discovery Communications have shown interest for the assets, according to two people, who declined to be identified as they are not authorised to speak to media.ProSieben had attempted to sell the division last year but cancelled the process as offers were too low. However, in August this year, the German media company said it was looking into the possibility of selling again after having received expressions of interest for the division.Two people said offers, which are likely to come in later this month, could be between 1.2 billion and 1.4 billion euros.
Discovery Communications, Inc. (Discovery) is a global nonfiction media and entertainment company that provide programming across multiple distribution platforms worldwide. Shares of DISCA remained unchanged at $59.69. In the past year, the shares have traded as low as $38.86 and as high as $61.56. On average, 1360600 shares of DISCA exchange hands on a given day and today's volume is recorded at 0.
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