Axel Springer has just announced the acquisition of c.88% of Business Insider Inc., the US business news portal for c.€306m ($343m). Note that Bezos Expeditions (the personal investment company of Jeff Bezos) will keep c.3% of the portal.
29 Sep 2015
Acquiring a leading digital business news offerings... at a very high price...
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Acquiring a leading digital business news offerings... at a very high price...
Springfield Properties PLC (SPR:LON) | 97.5 0 0.0% | Mkt Cap: 115.7m
- Published:
29 Sep 2015 -
Author:
Véronique Cabioc'h -
Pages:
3
Axel Springer has just announced the acquisition of c.88% of Business Insider Inc., the US business news portal for c.€306m ($343m). Note that Bezos Expeditions (the personal investment company of Jeff Bezos) will keep c.3% of the portal.