July 5 (Reuters) - KKR : :ACCEPTANCE PERIOD FOR KKR’S VOLUNTARY PUBLIC TENDER OFFER FOR AXEL SPRINGER SPRGn.DE COMMENCES.ACCEPTANCE PERIOD FOR AXEL SPRINGER OFFER RUNS FROM 5 JULY 2019 TO 2 AUGUST 2019.OFFER PRICE FOR AXEL SPRINGER OF EUR 63 PER SHARE IN CASH, REPRESENTING A PREMIUM OF 40 PERCENT TO AXEL SPRINGER’S UNAFFECTED SHARE PRICE.
Full Article
July 1 (Reuters) - Axel Springer SE ::STEPSTONE ACQUIRES MAJORITY OF U.S. TECHNOLOGY PROVIDER APPCAST.STEPSTONE GROUP - ACQUIRED 85 PERCENT OF U.S.-AMERICAN COMPANY APPCAST FOR ABOUT EUR 70 MILLION.STEPSTONE - CHRIS FORMAN WILL CONTINUE TO LEAD APPCAST.
Full Article
June 12 (Reuters) - Axel Springer CEO::CUT OUTLOOK DUE TO CYCLICAL WEAKNESS IN JOBS CLASSIFIEDS, BREXIT.NO CONCRETE M&A PLANS, BUT WE ARE DISCUSSING POSSIBLE DEALS.EVEN IF KKR GAINS MAJORITY VIA BUYOUT DEAL OUR AGREEMENT FORESEES "PARTNERSHIP OF EQUALS".
Full Article
June 12 (Reuters) - Axel Springer SE ::DGAP-ADHOC: AXEL SPRINGER SE: KKR ANNOUNCES THE LAUNCH OF A PUBLIC TAKEOVER OFFER ON THE BASIS OF AN INVESTOR AGREEMENT WITH AXEL SPRINGER SE.KKR'S HOLDING COMPANY ANNOUNCES TODAY THAT IT INTENDS TO LAUNCH A PUBLIC TAKEOVER OFFER TO ALL SHAREHOLDERS OF AXEL SPRINGER SE AT AN OFFER PRICE OF EUR 63.00 PER SHARE IN CASH.EXECUTIVE BOARD AND SUPERVISORY BOARD OF AXEL SPRINGER SE, WHICH HAVE APPROVED EXECUTION OF INVESTOR AGREEMENT, WELCOME ANNOUNCED PUBLIC TAKEOVER OFFER AND WILL SUPPORT PUBLIC TAKEOVER OFFER.OFFER ANNOUNCED TODAY REPRESENTS A PREMIUM OF APPROXIMATELY 31.5 % ON VOLUME WEIGHTED AVERAGE SHARE PRICE OF AXEL SPRINGER SHARES.PUBLIC TAKEOVER OFFER SHALL BE SUBJECT TO A MINIMUM ACCEPTANCE RATE OF 20 % AND OBTAINING OF MERGER CONTROL CLEARANCE AND OTHER REGULATORY APPROVALS.EXECUTIVE BOARD HAS DECIDED TO HOLD ON TO INVESTMENTS PLANNED FOR IMPLEMENTATION OF ITS GROWTH STRATEGY FOR FISCAL YEAR 2019 DESPITE OF REVENUE DEVELOPMENT BEING WEAKER THAN PLANNED.PARTIAL ADJUSTMENT OF REVENUES AND EARNINGS DEVELOPMENT EXPECTED FOR 2019.SEES REVENUES DECREASE IN LOW SINGLE-DIGIT PERCENTAGE RANGE.SEES REVENUES IN CLASSIFIEDS MEDIA AT PREVIOUS YEAR'S LEVEL TO AN INCREASE IN LOW SINGLE-DIGIT PERCENTAGE RANGE.SEES ADJUSTED EBITDA OF GROUP TO DECREASE IN MID SINGLE-DIGIT PERCENTAGE RANGE.SEES ADJUSTED EBIT OF GROUP TO DECREASE IN HIGH SINGLE-DIGIT PERCENTAGE RANGE.SEES ADJUSTED EPS TO DECREASE IN HIGH SINGLE-DIGIT TO LOW DOUBLE-DIGIT PERCENTAGE RANGE.
Full Article
June 3 (Reuters) - Purplebricks Group PLC ::AXEL SPRINGER SE PURCHASED 43.7 MILLION SHARES OF £0.01P EACH IN COMPANY AT £1 PER ORDINARY SHARE.FOLLOWING PURCHASE, AXEL SPRINGER SE BENEFICIALLY INTERESTED IN SHARES REPRESENTING ABOUT 26.6% OF ISSUED SHARE CAPITAL.
Full Article
May 29 (Reuters) - Axel Springer Se ::DGAP-ADHOC: AXEL SPRINGER SE: NEGOTIATIONS FOR POTENTIAL STRATEGIC INVESTMENT OF KKR.ANNOUNCES EXECUTIVE BOARD IN NEGOTIATIONS WITH KKR AS WELL AS DR. H.C. FRIEDE SPRINGER FOR POTENTIAL STRATEGIC INVESTMENT OF KKR IN CO.EXECUTIVE BOARD IS PURSUING ITS GROWTH STRATEGY OF INCREASING ENTERPRISE VALUE IN LONG-TERM.STATE OF NEGOTIATIONS PROVIDES KKR TO LAUNCH A PUBLIC TENDER OFFER TO OTHER SHAREHOLDERS OF AXEL SPRINGER SE TO ACQUIRE THEIR SHARES.IT IS CURRENTLY OPEN IF THERE WILL BE PUBLIC TENDER OFFER AND INVESTMENT BY KKR IN CO OR ANY SUBSEQUENT CORPORATE STRUCTURAL MEASURES.LEGAL, TAX AND FINANCIAL FEASIBILITY STILL NEEDS TO BE REVIEWED IN DETAIL BY PARTIES INVOLVED.
Full Article
May 1 (Reuters) - Axel Springer SE ::AXEL SPRINGER SAYS SELLING ITS MAJORITY INTEREST IN @LEISURE GROUP TO INDIA'S OYO HOTELS & HOMES (OYO).AXEL SPRINGER SE - TOTAL VOLUME OF THE TRANSACTION HAS AN EBITDA MULTIPLE OF MORE THAN 15 FOR THE YEAR 2018.AXEL SPRINGER SAYS CO WILL RECEIVE A TOTAL OF ABOUT EUR 180 MILLION (INCLUDING THE REPAYMENT OF A SHAREHOLDER LOAN OF AROUND EUR 60 MILLION) FOR DEAL.
Full Article
April 17 (Reuters) - Axel Springer SE ::RALPH BUECHI NEW CHAIRMAN OF THE SUPERVISORY BOARD.
Full Article
March 7 (Reuters) - Axel Springer SE ::WE AIM TO INVEST A MID TWO-DIGIT MILLION EURO SUM IN 2019.WE ARE DEFINITELY NOT INTERESTED IN BUYING ASSETS FROM GERMANY'S DUMONT NEWSPAPERS PORTFOLIO.SAYS WE DON'T SEE MAJOR BREXIT IMPACT IN 2019, 2020 ON OUR BUSINESS.
Full Article
March 6 (Reuters) - Axel Springer SE ::ACQUIRES PAID CONTENT TECHNOLOGY COMPANY CELERAONE.
Full Article
Earnings vs. 
Estimates