Axel Springer’s media assets to be split off in €13.5bn KKR deal

Private equity group to control classified business while Mathias Döpfner and Friede Springer will run digital operationAxel Springer has struck a €13.5bn (£11.3bn) deal that will see its media assets, which include Politico, Business Insider and newspapers Bild and Die Welt, hived off into a private company with the aim of building an international digital news media powerhouse.The move will see the German conglomerate, which last year decided against bidding for the Daily and Sunday Telegraph because its focus is a “digital first, digital only” acquisition strategy, become fully privately owned for the first time since its flotation in 1985. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2024-09-19 14:19:21 UTC ]
News tagged with: #axel springer #media assets #mathias dpfner #friede springer #3bn deal #include politico #business insider #newspapers bild #die welt #private company #german conglomerate #year decided #sunday telegraph #acquisition strategy #privately owned

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A Velvet Rope for Mobile Media Buyers and Sellers, Run By Medialets

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[ AllThingsD | 2012-01-10 00:00:00 UTC ]
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Haines joins Penguin Children's in new media role

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[ The Bookseller | 2012-01-06 00:00:00 UTC ]
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IPC Media appoints Evans as publisher of Marie Claire

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[ Media Week | 2012-01-06 00:00:00 UTC ]
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Harper in Deal with IPS for Christian Bookstore Distribution

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[ Publishers Weekly | 2011-12-19 00:00:00 UTC ]
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Media Decoder Blog: A New Children's Book Parodies a Beloved Classic

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[ The New York Times | 2011-12-19 00:00:00 UTC ]
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F+W Media Acquires Script Magazine from Final Draft Inc.

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[ Folio Magazine | 2011-12-13 00:00:00 UTC ]
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[ Folio Magazine | 2011-12-09 00:00:00 UTC ]
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[ The New York Times | 2011-12-05 00:00:00 UTC ]
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Google’s Admeld Deal Gets the Green Light

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Media Decoder Blog: Time Warner Picks New Head for Time Inc. Magazine Unit

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[ The New York Times | 2011-11-30 00:00:00 UTC ]
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[ The Bookseller | 2011-11-25 00:00:00 UTC ]
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[ Folio Magazine | 2011-11-17 00:00:00 UTC ]
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[ AdWeek | 2011-11-16 00:00:00 UTC ]
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[ The Bookseller | 2011-11-15 00:00:00 UTC ]
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[ The Bookseller | 2011-11-14 00:00:00 UTC ]
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[ Folio Magazine | 2011-11-11 00:00:00 UTC ]
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