DEAG to acquire major stake in Danish promoter CSB
The deal comes after DEAG accepted a takeover from its largest single shareholder, providing the company with "deep pockets" for acquisitions
News By IQ | 26 January 2021
Berlin-based Deutsche Entertainment (DEAG) is increasing its presence in Scandinavia with a 75% stake in Danish promoter and international producer CSB Island Entertainment, via its wholly owned subsidiary DEAG Classics.
CSB, founded in 1994, organises and hosts around 300 events a year and has brought a slate of internationally renowned artists to Scandinavia including Kiss, James Blunt, Sir Elton John and Kylie Minogue.
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The company also holds worldwide rights to productions and shows including The Show – A Tribute to Abba, which has…