International Companies

Axel Springer to split classifieds business from media assets

By Michele Maatouk

Date: Thursday 19 Sep 2024

(Sharecast News) - Politico owner Axel Springer said on Thursday that it had struck a deal with its largest shareholder KKR to split its classifieds business from its media assets.
Under the new planned structure, the company's media businesses - Bild, Business Insider, Politico, Welt, Idealo, Bonial, Morning Brew, Dyn Media,...

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