Tag Archives: German

LONDON, April 12 (Reuters) – Private equity firm Oakley is looking to sell its majority stake in German cloud hosting platform Contabo as it seeks to capitalise on demand for cloud computing fuelled by the COVID-19 pandemic, two people familiar with the situation said.

The Munich-based company could be valued at between 700 million euros and 800 million euros ($762.6 million and $871.5 million ) as part of an auction process expected after the Easter break, those people said.

London-based advisory firm Arma Partners is handling the sale, which is mainly focusing on private equity bidders, one of the people said.

The company has already drawn interest from several tech-focused buyout funds including Hg, Montagu, Vitruvian, Cinven…

Arranged by the Cuba-Hilfe Dortmund solidarity group, the exhibition brings together works by German photographer Dietmar Sebastian Fischer and Cuban Antonio Hernandez, who coincided in Havana in 2019.

From the encounter between the two artists was born the idea of the exhibition, whose title refers to the kilometers that separate the two cities.

The head of Cuba’s diplomatic office in Bonn, Yamari Perez, thanked the organization of the exhibition, and acknowledged the support of the friendship group to the Cuban Revolution.

Likewise, the diplomat assured that the solidarity of that organization is of great importance in the current circumstances, marked by the tightening of the US economic, commercial and financial blockade and the US aggressions against Cuba.

The exhibition was…