Viessmann family buys minority stake in FC Bayern München at €4 billion mark

Viessmann Generations Group is taking a minority position in FC Bayern München AG — 5% at first, rising to just below 6.7% after new shares are issued — at a reported valuation of about €4bn ($4.5bn). The club association keeps 70% and Max Viessmann joins the supervisory board, another family office move into sports assets.