Overview

• A-Cap purchased the 78.8% of Hertha BSC shares formerly held by 777 Partners at a June 6 auction in New York.
• The acquisition was executed via a credit bid, allowing A-Cap to offset its creditor claims instead of paying cash.
• The sale was triggered by 777 Partners' severe financial collapse, with A-Cap acting as the primary creditor.
• Hertha BSC has remained silent on the ownership change and immediate club operations are expected to remain stable.
• In April, A-Cap had already replaced two 777 Partners representatives on Hertha’s supervisory board, consolidating its control.