Axel Springer sells stake in Ringier Axel Springer Schweiz

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German media company Axel Springer has sold its 35 per cent stake in joint venture Ringier Axel Springer Schweiz (RASCH) to partner company Ringier AG. The transaction is expected to be completed during 2023, Axel Springer informs.

The acquisition will grant Ringier sole ownership of the portfolio comprising ...

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