BERLIN (Reuters) - Germany's first and second league soccer clubs voted on Monday in favour of letting a financial investor take a stake in the Bundesliga media rights company, sources familiar with the matter told Reuters.
Up to 8% of the league's media rights subsidiary could be sold, worth between 900 million and 1 billion euros ($1.08 billion). The investment companies Advent, Blackstone (NYSE:BX), CVC and EQT (ST:EQTAB) have submitted non-binding bids, sources said.
($1 = 0.9297 euros)
(This story has been refiled to fix a typo in the name and RIC of the investment company EQT in paragraph 2)