Tag: axel springer


Axel Springer buys Logic-Immo for $115 million US

Axel Springer buys Logic-Immo for $115 million US

German media group Axel Springer acquired Paris-based Concept Multimedia, which operates France’s No. 3 property platform Logic-Immo, for €105 million ($115 million U.S.), according to a news release of Axel Springer. Axel Springer already owns SeLoger.com, France’s No. 2 property site, which it acquired in 2011 for €633 million ($850 million U.S.). The sale is subject to the approval of the French Competition Authority.



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