ProSiebenSat.1 interested in parts of Unister

04 Aug 2016

There was movement in the Unister saga today: Thomas Ebeling, chairman of German media group ProSiebenSat.1, told journalists the company considers the pros and cons of buying a part of Unister.

Not the classifieds, however. But, rather the travel/holiday accommodation sites, reported start-up magazine Gründerszene.

Unister was placed under the temporary control of a liquidator days after two senior managers had died in a plane crash (our report) and it came to light the company owed almost €40 million ($44 million U.S.). Last year an effort by ProSiebenSat.1 to buy Unister’s travel portfolio of sites crashed, apparently while Unister wanted too much money.

Gründerszene also reported German media group Axel Springer had indicated it wasn’t interested in Unister, or parts of Unister.

So, the classifieds savior still needs to appear from somewhere.

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Christo Volschenk

Christo Volschenk is managing editor of the news on Aimgroup.com and our senior analyst covering Naspers. He brings more than 30 years of experience in business journalism to the team. The last 17 years he focused on classifieds and e-commerce. Apart from working closely with AIM Group, Christo is a freelance journalist, online editor, and translator. Before branching out on his own, he spent 15 years with Naspers in South Africa, where he worked as journalist, economics editor and online project manager. He now spends most his day editing the news reported by 18 colleagues in 18 countries from his base in Stuttgart, Germany.