General Atlantic exits Axel Springer with last €120m ABB

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General Atlantic exits Axel Springer with last €120m ABB

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The publisher Axel Springer's headquarters in the Axel-Springer-scyscraper (l) and the GSW scyscraper of the non-profit housing and building association Berlin (r) are seen from Potsdamer Platz in Berlin, Germany, 10 June 2016. Photo: Jens Kalaene/dpa | Jens Kalaene/DPA/PA Images

On Thursday night, in an otherwise barren week for equity block trades, General Atlantic, the US growth equity investment firm, launched the sale of a 2.1% stake in Axel Springer, the German publisher.

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