REVIEW: Investors abandon plans to rescue Leo Kirch's empire

The investors in the Bavarian media magnate Leo Kirch's empire have abandoned plans to rescue the company after hidden liabilities and funding came to light, including a £92 million deal to support his son, Thomas Kirch. It has emerged that Kirch Media provided loans to fund one of Thomas Kirch's investments. Financial Times.

Topics

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus