Berlin's planned acquisition of a significant stake in German radio broadcaster KNDS is set to bring a surprise windfall to a group of unlikely investors. Behind the scenes of this high-stakes deal are a diverse cast of characters, including private investors and companies from countries like the United States, United Kingdom, and even Luxembourg. With the city of Berlin preparing to take a major stake in KNDS, valued at up to €20 billion, these investors are poised to reap significant profits. As the deal comes together, attention is turning to the identities and motivations of the individuals and companies set to benefit from this major media transaction.


Unlikely cast of characters who own half of KNDS set for a windfall as Berlin prepares to buy in at an up to €20bn valuation