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.
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The transaction is expected to close in the second quarter of 2025 and it is subject to regulatory approval. Axel Springer, ...
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The German media company agreed with KKR, its largest shareholder, to split its classifieds business from its media operations. Find out more: ...
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KKR & Co. and German billionaire Mathias Döpfner agreed to split up media conglomerate Axel Springer, separating its ...
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German billionaire Mathias Döpfner and KKR are nearing a deal to split up the media giant Axel Springer, according to people ...
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.