BC Partners-Owned United to Pay Ousted Founder €250 Million (2)

A BC Partners LLP-owned firm agreed to pay a disputed €250 million ($295 million) bonus to the ousted founder of United Group BV, according to a UK court order.

A firm owned by founder Dragan Šolak sued a BC Partners controlled firm in London alleging he was denied bonuses totaling €250 million that were promised on part sales of assets of the European telecoms and media firm.

The asset manager-owned firm and Šolak reached a deal for the payment of the sum, a UK court said in an order made public on Thursday. “The proceedings are stayed save ...