BKN asset sale to begin

Insolvency administrator to sell off most important assets.
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Having filed for insolvency in mid 2009, BKN Group is now facing a sell off of its most important assets.

The firm is known for animation series including Zorro – Generation Z, Dork Hunters from Outer Space and Legend of the Dragon.

The insolvency administrator - Heinrich C. Friedhoff - has decided to sell the most important assets, i.e. all film rights of BKN, in a way of a structured sales process.

He has engaged the M&A division of Commerzbank AG to assist. Currently, preparations for this sales process are underway. Interested investors are invited to contact Commerzbank: Joerg Leussink and Harald Lohr, Tel: +49 69 713 19611. Email: ProjectToni@commerzbank.com.

Commerzbank’s M&A will start the market approach from mid to late January 2010.

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