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Axel Springer SE (SPRGn.DE)

SPRGn.DE on Xetra

62.15EUR
19 Jul 2019
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€0.05 (+0.08%)
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Latest Key Developments (Source: Significant Developments)

Axel Springer Boards Recommend Acceptance Of KKR Offer
Thursday, 11 Jul 2019 

July 11 (Reuters) - Axel Springer SE ::DGAP-NEWS: AXEL SPRINGER'S EXECUTIVE BOARD AND SUPERVISORY BOARD RECOMMEND ACCEPTANCE OF THE VOLUNTARY PUBLIC TENDER OFFER BY KKR.EXECUTIVE BOARD AND SUPERVISORY BOARD WELCOME KKR'S COMMITMENT TO SUPPORT LONG-TERM STRATEGY OF AXEL SPRINGER SE.  Full Article

Axel Springer Says Adj. EBITDA Down 2.5 Pct in Q1
Tuesday, 7 May 2019 

May 7 (Reuters) - Axel Springer SE ::GROUP REVENUES GREW ORGANICALLY BY 3.2 PERCENT IN THE FIRST QUARTER.ADJUSTED EBITDA INCREASED ORGANICALLY BY 4.1 PERCENT IN Q1.DIGITAL ACTIVITIES FURTHER INCREASED THEIR SHARE OF REVENUES AND ADJUSTED EBITDA.FULL-YEAR FORECAST ADJUSTED DUE TO THE SALE OF LEISURE.AT EUR 771.8 MILLION, GROUP REVENUES WERE AT THE PRIOR-YEAR LEVEL (PY: EUR 773.5 MILLION).EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION, AND AMORTIZATION (EBITDA), ADJUSTED FOR NON-RECURRING EFFECTS, DECLINED SLIGHTLY BY 2.5 PERCENT TO EUR 167.0 MILLION (PY: EUR 171.2 MILLION).EBITDA MARGIN DECREASED SLIGHTLY FROM 22.1 PERCENT TO 21.6 PERCENT.ADJUSTED EBIT DECLINED BY 6.9 PERCENT TO EUR 113.4 MILLION (PY: EUR 121.8 MILLION).EXPECTS GROUP REVENUES FOR 2019TO REMAIN AT PREVIOUS YEAR’S LEVEL, HAVING PREVIOUSLY ANTICIPATED AN INCREASE IN LOW SINGLE-DIGIT PERCENTAGE RANGE.CONTINUES TO EXPECT A FIGURE AT PRIOR-YEAR LEVEL FOR ADJUSTED EBITDA.  Full Article

Springer Mulling To Buy Ebay's Classifieds Business - Capital
Thursday, 21 Mar 2019 

March 21 (Reuters) - German business monthly Capital: :AXEL SPRINGER SE SPRGN.DE IS MULLING A TAKEOVER OF THE GERMAN CLASSIFIED ADVERTISING BUSINESS OF EBAY - CAPITAL MAGAZINE.  Full Article

Axel Springer Says Unit Stepstone Files For Acquisition Of Universum
Tuesday, 3 Apr 2018 

April 3 (Reuters) - AXEL SPRINGER SE ::UNIT STEPSTONE FILES FOR ACQUISITION OF SWEDISH EMPLOYER BRANDING SPECIALIST UNIVERSUM.  Full Article

Germany's Axel Springer To Make 125 Mln Stg Investment In Purplebricks
Monday, 26 Mar 2018 

March 26 (Reuters) - Purplebricks Group Plc ::STRATEGIC INVESTMENT FROM AXEL SPRINGER OF APPROXIMATELY £125 MILLION INCLUDING A £100 MILLION SUBSCRIPTION FOR NEW SHARES.INVESTMENT TO ACCELERATE ROLLOUT IN US, SUPPORT ENTRY INTO NEW MARKETS.‍GROUP REVENUES FOR FULL YEAR EXPECTED TO SHOW AROUND 100 PER CENT. YEAR-ON-YEAR GROWTH​.AXEL SPRINGER WILL OWN APPROXIMATELY 11.5 PER CENT. OF PURPLEBRICKS' SHARE CAPITAL FOLLOWING TRANSACTION.AXEL SPRINGER AGREED CONDITIONALLY TO SUBSCRIBE FOR 27.8 MILLION NEW SHARES AT A PRICE OF 360 PENCE PER ORDINARY SHARE.INTENDS TO ALLOCATE APPROXIMATELY £50 MILLION OF SUBSCRIPTION PROCEEDS TO US ROLLOUT.PURPLEBRICKS - UK UNDERLYING SOFTNESS AND ADVERSE WEATHER IN FEB, MARCH RESULTED IN REVENUES FOR YEAR EXPECTED TO BE ABOUTY 5 PERCENT BELOW CO CONSENSUS​."BEGINNING TO SEE EXPECTED SPRING MARKET ACTIVITY BUILDING EVEN THOUGH BACKDROP OF RELATIVE MARKET SOFTNESS PERSISTS".  Full Article

Axel Springer: Not Contemplating Tie-Up With ProSieben
Thursday, 8 Mar 2018 

March 8 (Reuters) - Axel Springer ::CEO SAYS WE ARE NOT CONTEMPLATING MERGER OR CLOSER COOPERATION WITH PROSIEBENSAT 1.CEO SAYS SUCH STEPS WOULD MAKE NO SENSE FROM THE POINT OF VIEW OF OUR SHAREHOLDERS.  Full Article

Axel Springer: No Timetable For IPO Of Affiliate Marketer Awin
Thursday, 8 Mar 2018 

March 8 (Reuters) - Axel Springer ::SAYS THERE IS NO TIMETABLE FOR IPO OF AFFILIATE MARKETING JOING VENTURE AWIN.SAYS WE HAVE PLENTY OF ROOM FOR FURTHER INVESTMENTS AND ACQUISITIONS SHOULD THE OPPORTUNITY ARISE.  Full Article

Axel Springer España Partners With Business Insider To Launch Business Insider Spain
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - AXEL SPRINGER SE ::AXEL SPRINGER ESPAÑA PARTNERS WITH BUSINESS INSIDER TO LAUNCH BUSINESS INSIDER SPAIN.  Full Article

Axel Springer to sell stake in France's Aufeminin S.A.​
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Axel Springer SE ::SAYS ‍INTENDS SALE OF ITS STAKE IN AUFEMININ S.A.​.SAYS ‍IT IS ENVISAGED TO CONCLUDE A BINDING SALE AND PURCHASE AGREEMENT AFTER COMPLETION OF LEGALLY REQUIRED INFORMATION AND CONSULTATION PROCEDURE OF WORKS COUNCIL OF AUFEMININ S.A.​.SAYS ‍PRICE PER SHARE AMOUNTS TO EUR 38.74 AND AGGREGATE PURCHASE PRICE AMOUNTS TO EUR 286.1 MILLION​.SAYS ‍CORRESPONDS TO A PREMIUM OF 45.7% ON CLOSING PRICE AS OF DECEMBER 8^TH 2017​.SAYS ‍UNTIL CLOSING PRICE PER SHARE WOULD BE INCREASED MONTHLY BY AN INTEREST RATE CUSTOMARY TO SUCH TRANSACTIONS​.SAYS ‍COMPLETION OF TRANSACTION WILL REQUIRE CLEARANCE BY COMPETENT CARTEL AUTHORITIES​.  Full Article

Axel Springer In Exclusive Talks to Sell Its Stake In Aufeminin
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Axel Springer SE ::DGAP-ADHOC: AXEL SPRINGER SE: EXCLUSIVE DISCUSSIONS ON THE SALE OF THE STAKE OF AXEL SPRINGER SE IN AUFEMININ S.A..IN EXCLUSIVE DISCUSSIONS WITH TÉLÉVISION FRANÇAISE 1 S.A. ABOUT POTENTIAL SALE OF ITS INDIRECT 78.43% STAKE IN AUFEMININ S.A..WHETHER OR NOT AN AGREEMENT WILL BE REACHED BY NEGOTIATING PARTIES AS WELL AS TERMS OF SUCH AN AGREEMENT WILL DEPEND ON FURTHER PROGRESS OF DISCUSSION.  Full Article

Axel Springer in negotiations with KKR for potential investment

FRANKFURT German publishing house Axel Springer SE said on Wednesday it is in negotiations with private equity firm KKR and Friede Springer of the Springer family for a potential strategic investment of KKR in the company.