Germany: Axel Springer splits media, classified businesses
The transaction is expected to close in the second quarter of 2025 and it is subject to regulatory approval. Axel Springer, Germany's most influential media group The company was founded by German businessman Axel Springer in 1946 in the city of Hamburg.
German media empire Axel Springer to split in deal with KKR
Founded by businessman Axel Springer in 1946 in Hamburg, the publishing house grew into Germany's most influential media group, with its right-wing, red-bannered tabloid Bild ranking as the country's most-read newspaper by far with a daily circulation of ...
Politico owner Axel Springer strikes deal with KKR to split off media business
Politico owner Axel Springer has reached an agreement with its top shareholder KKR to separate its portfolio of media assets from its fast-growing classified advertisements business.
Axel Springer Strikes Deal With KKR to Split Up Publishing Giant
The deal values all of Axel Springer at roughly $15 billion, with the company’s publishing assets worth about $4 billion.
KKR to Unload Axel Springer Media Assets in Deal With Döpfner
KKR & Co. and German billionaire Mathias Döpfner agreed to split up media conglomerate Axel Springer, separating its fast-growing classifieds units from its news businesses.
KKR, Axel Springer reach deal to break up the media giant
Private equity firm KKR and German billionaire Mathias Döpfner have struck a deal to separate Axel Springer's classifieds business from its media properties, the firms announced Thursday morning. Why it matters: KKR will officially exit the media business it helped fund and expand over the past five years.
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