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Axel Springer to sell stake in lifestyle group to TF1 for EUR 286 mln

Thursday 14 December 2017 | 16:13 CET | News
A subsidiary of German publisher Axel Springer and French broadcaster TF1 signed an agreement that grants Axel Springer the option to sell its 78.43 percent holding of Aufeminin to TF1 for EUR 286.1 million, said Axel Springer. The sale price per share agreed to was EUR 38.74, a premium of 45.7 percent of the Aufeminin's closing price on 8 December. 

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Categories: Broadcast & Satellite / Internet
Companies: Axel Springer / TF1
Countries: France / Germany
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