The Platform Group AG (XTRA:FSNT) agreed to acquire Hood Media GmbH from Economic Stabilisation Fund and GALERIA Karstadt Kaufhof GmbH on February 16, 2024. Hood will be part of TPG?s ?Consumer Goods? segment in future. The takeover will be financed from TPG?s own funds. The transaction is expected to be closed by the end of February 2024. Ekaterina Abrosimova, David Freudenthal, Martin Lemmer, Serge Ragotzky of Clairfield International GmbH acted as financial advisor to Economic Stabilisation Fund and GALERIA Karstadt Kaufhof GmbH.

The Platform Group AG (XTRA:FSNT) completed the acquisition of Hood Media GmbH from Economic Stabilisation Fund and GALERIA Karstadt Kaufhof GmbH on April 5, 2024.