Tag: axel springer

Axel Springer raises its full-year forecast

Axel Springer AG is about to hit the results of the record year 2008. Based on preliminary figures, the company generated an EBITDA of €261.2 million in the first half of financial year 2010. This is 61 percent higher than the corresponding year-ago figure. The continued growth of the Digital Media segment was a major contributing factor to this increase. In view of the higher-than-ex

Axel Springer announces new CEO and CFO at Stepstone

Stepstone’s CEO Colin Tenwick and CFO Ian Cole have left the company as a direct consequence of the sale of StepStone’s software division Stepstone Solutions to European private equity investor HgCapital for a purchase price of EUR110 million, a deal that was completed in May this year. The sale follows the acquisition of StepStone by giant German publishing group Axel Springer in Dece

Axel Springer´s property portal Immonet ads another crossmedia newspaper partner

Axel Springer sells part of Stepstone

German publisher Axel Springer AG has sold the "Solutions" business of its Norwegian subsidiary StepStone ASA to the financial investor HgCapital LLP. The London-based company will acquire the provider of talent management software solutions for a purchase price of EUR 110 million. The online jobs board StepStone will remain with Axel Springer. According to a press release this step will help t

Ringier and Springer put their Eastern eggs in the same basket

Ringier AG and Axel Springer AG will combine their operations in five Eastern European countries in a new company to be headquartered in Zurich. Each partner will hold 50 percent of the new company. Combined, both companies showed Eastern European sales on a pro-forma basis 2009 totaling approximately €414 million (CHF 601 million) an EBITDA of €62 million (CHF 89 million). With 4,800 employees

2009 was a good year for Axel Springer

German publishing company Axel Springer had quite a good year in 2009 considering the worst economic crisis in decades. Revenues declined by 4.3 percent (€2.61 billion) and the EBITDA fell 45 percent to €333.7 million, but CEO Mathias Döpfner is still satisfied, especially when it comes to the EBITDA margin of 12.8 percent. With earnings per share at €10.19 the manageme

Axel Springer and PubliGroupe acquire AOL´s British affiliate network Buy.at

Axel Springer and PubliGroupe acquire AOL´s British affiliate network Buy.at

Great Britain's affiliate network Digital Window -- majority held by Germany's Axel Springer and Switzerland's Publigroupe AG -- has acquired competitor network Buy.at from AOL´s British firm Perfiliate Ltd for an undisclosed sum. Affiliate network sites steer customers to e-commerce sites in ex

Axel Springer puts Turkey investment on ice

German media group Axel Springer withdrew its offer to buy 29 percent of Dogan Yayin, the media division of the Turkish company Dogan Holding, for roughly €160 million, after representatives of Dogan Yayin and the Turkish government failed to settle a tax dispute. .. Want to know more about

Axel Springer ups share in Stepstone to 87.8 percent

Axel Springer ups share in Stepstone to 87.8 percent

German media group Axel Springer has managed to increase its shareholding in Norwegian-based and LSE-listed job portal Stepstone from 52.77 percent to 87.8 percent with its special offer to shareholders to buy the 60.9 million shares not yet under Springer's control for nine Norwegian Kronen per share (about $1.60 U.S). ..

Axel Springer takes majority interest in StepStone ASA

Axel Springer takes majority interest in StepStone ASA

Germany's Axel Springer AG acquired majority interest in Oslo-based StepStone ASA, now holding 52.27 percent of the international recruitment portal's equity. The German media giant said it would extend a public takeover offer to remaining shareholders for a price of NOK 8.60 ($1.43 U.S.) per share...

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