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Top related persons:
Axel Springer - 2 Axel Springer's - 2 Doepfner - 2 Mathias Doepfner - 1 Springer - 1 Friede Springer - 1 Axel's - 1 Friede - 1
Top related locs:
Hamburg North America Aviv Ukraine BERLIN
Top related orgs:
Politico - 1 KKR - 1 Investments - 1 Friede Springer - 1 Springer - 1 Thomson - 1

Search resuls for: "Doepfner"


2 mentions found


☆ German media empire Axel Springer to split in deal with KKR
  + stars: | 2024-09-19 | by ( ) www.cnbc.com   time to read: +3 min
Passers-by walk in front of the main entrance to the Axel Springer high-rise. The two sides had reached a deal in the summer to split Axel Springer, a source told Reuters on Saturday. KKR and its partner CPP Investments currently hold a 35.6% and 12.9% stake in Axel Springer, respectively, while Doepfner and Friede Springer hold 21.9% and 22.5%. Axel Springer had been preparing to float Stepstone but the planned initial public offering was shelved when war broke out in Ukraine in 2022. KKR and CPP Investments are now likely to target an IPO in the second half of 2025, according to an industry source.
Persons: Axel Springer, Mathias Doepfner, Axel Springer's, Springer, Friede Springer, Axel's, Doepfner, Friede Organizations: Politico, KKR, Reuters, Investments, Friede Springer, Springer Locations: Hamburg, North America, Aviv, Ukraine
☆ German media group Axel Springer eyes AI acquisitions
  + stars: | 2023-06-09 | by ( ) www.reuters.com   time to read: +1 min
BERLIN, June 9 (Reuters) - German media giant Axel Springer will establish a dedicated mergers-and-acquisitions team to look at firms specialising in artificial intelligence, CEO Matthias Doepfner said in an internal podcast to employees obtained by Reuters. The M&A competence centre "needs to entirely focus on acquisitions - early-stage acquisitions or later-stage acquisitions in AI companies - that can be, for various reasons, important or attractive for Axel Springer," Doepfner said. But the strategy could also turn up Axel Springer's next StepStone, he added. If the market environment improves, Axel Springer aims to go public with StepStone, a popular online jobs portal, this year. Doepfner said he is particularly interested in AI technology that seeks to disrupt Axel Springer's business models of advertising, e-commerce and journalism.
Persons: Axel Springer, Matthias Doepfner, Doepfner, Axel Springer's, Klaus Lauer, Rachel More, Miranda Murray Organizations: Reuters, Thomson Locations: BERLIN
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