German media giant Axel Springer said Thursday it will break up its business by selling off its digital classifieds arm to US and Canadian investors, and focus on its core news outlets.
The German media company agreed with KKR, its largest shareholder, to split its classifieds business from its media operations. Find out more: ...
KKR & Co. and German billionaire Mathias Döpfner agreed to split up media conglomerate Axel Springer, separating its ...
Meta Platforms Inc is facing a hefty fine in the EU over its alleged efforts to dominate the classified advertising market, ...
The transaction is expected to close in the second quarter of 2025 and it is subject to regulatory approval. Axel Springer, ...
The State Supreme Court on Thursday dismissed a lawsuit filed by one of the country’s foremost civil rights organizations ...
Smart money and digital media don’t always mix well. Just ask KKR. Five years after the private equity firm, together with ...
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German media group Axel Springer plans to sell off most of its digital classifieds business to US and Canadian investors, German business daily Handelsblatt reported Monday.
Axel Springer SE (AXELF.PK) has decided to create a new corporate structure, with a goal to create a focused media company and ...
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