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German media giant Springer to sell classifieds business: report

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German media giant Springer to sell classifieds business: report

German media group Axel Springer plans to sell off most of its digital classifieds business to US and Canadian investors, German business daily Handelsblatt reported Monday. It would keep its media interests but sell the classified adverts interests to US private equity firm KKR and a Canadian pension fund, the daily reported, citing unnamed sources […]

The post German media giant Springer to sell classifieds business: report appeared first on Insider Paper.

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