KKR (KKR.N) and Blackstone (BX.N) have been picked for a second round of bidding for Sportradar, as investor EQT looks to sell a minority stake that could value the Swiss sports data group at more than 2 billion euros ($2.4 billion), sources said.
The sources familiar with the matter said the second-round of bidding was due in early July, and it was unclear whether other bidders, such as rival private equity firm Permira, were also still in the running.
Evercore is advising EQT on the sale.
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