FRANKFURT Dec 8 Investment firm Kohlberg Kravis
Roberts on Thursday drew up a takeover offer for German
market research firm GfK that allows its majority
shareholder to maintain its stake, sending up GfK shares.
Acceleratio Capital NV, which is controlled by KKR said it
offered to pay 43.50 euros ($46.92) per share in an all cash
transaction for all outstanding shares, a 44-percent premium on
GfK's stock price.
The investor added that GfK's board of management and
supervisory board were supporting a sale and that its majority
investor, GfK Verein, could keep its 56.46-percent stake.
GfK shares extended gains on the news and were up by 4.3
percent at 1130 GMT. The shares were halted and will resume
trading at around 1200 GMT, Deutsche Boerse said.
GfK's majority owner, the GfK Verein, in late August said it
was not considering a sale of its 56.5 percent stake in GfK.
($1 = 0.9271 euros)
(Reporting by Tina Bellon; Editing by Harro ten Wolde)