PRINT THIS PAGE Permira-backed German pay-TV Premiere expected to float on the stock exchange18/01/2005. Source: AltAssets. 
 German pay-TV Premiere, 55 per cent owned by European private equity giant Permira, has confirmed that it plans to float on the German stock exchange in March of this year.
The IPO would represent an early and sizeable exit for Permira as well as being the first major flotation in Germany since Postbank in the summer of 2004.
Premiere was part of the Kirch media empire until it collapsed in 2002. Under Permira's auspices, the firm has undergone a major turnaround and a return to profitability.
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