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RTL Deutschland to acquire G+J German publishing activities for EUR 230 million

Friday 6 August 2021 | 09:18 CET | News
RTL Deutschland has agreed with Bertelsmann to acquire Gruner + Jahr's German publishing assets and brands for EUR 230 million on a cash- and debt-free basis. The transaction includes G+J brands such as Stern, Brigitte, Geo, Capital, Schoener Wohnen, Eltern and Art as well as journalistic experience to RTL Deutschland. Bertelsmann will retain DDV Mediengruppe (Saechsische Zeitung), Territory, AppLike Group and G+J's 25 percent shareholding in Spiegel Gruppe.

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Categories: Broadcast & Satellite / Internet
Companies: Bertelsmann / RTL Deutschland / RTL Group
Countries: Germany
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