{"id":48176,"date":"2025-05-09T06:03:29","date_gmt":"2025-05-09T06:03:29","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=48176"},"modified":"2025-05-09T06:03:29","modified_gmt":"2025-05-09T06:03:29","slug":"sportradar-group-ag-completes-usd-517-5m-secondary-public-offering","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/sportradar-group-ag-completes-usd-517-5m-secondary-public-offering\/","title":{"rendered":"Sportradar Group AG completes USD 517.5m secondary public offering"},"content":{"rendered":"<p dir=\"auto\"><strong>Niederer Kraft Frey advised Sportradar Group AG on an USD 517.5 million underwritten secondary public offering by certain selling shareholders. As part of the transaction, the company implemented a conversion of a certain amount of its class B shares into class A shares and, concurrently with the secondary public offering, repurchased own shares in the amount of USD 65.5 million.<\/strong><\/p>\n<p dir=\"auto\"><!--more--><\/p>\n<p dir=\"auto\">NKF acted as counsel for Swiss Corporate law matters to Sportradar Group AG in collaboration with Paul Hastings LLP, who acted as US counsel. Goldman Sachs &amp; Co. LLC and J.P. Morgan acted as lead book-running managers for the offering.<\/p>\n<p dir=\"auto\">The NKF team was led by Corporate\/M&amp;A partners Patrik Peyer and Roman Sturzenegger, working with senior associate Alexander G\u00f6bel and associate Sabrina Gysi (all Corporate\/M&amp;A).<\/p>\n<p dir=\"auto\"><i>7 May 2025<\/i><\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-48176","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/48176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=48176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}