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Scout24 AG (G24n.DE)

G24n.DE on Xetra

50.30EUR
20 Sep 2019
Change (% chg)

€0.00 (+0.00%)
Prev Close
€50.30
Open
€50.10
Day's High
€50.35
Day's Low
€49.86
Volume
375,839
Avg. Vol
266,069
52-wk High
€54.00
52-wk Low
€33.22

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Thu, Sep 5 2019

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Hellman & Friedman, Blackstone sell 6.2% stake in Scout24

Hellman & Friedman and Blackstone Group Inc are selling a 6.2% stake they owned in Scout24 AG to institutional investors on Wednesday, according to two bookrunners handling the deal, months after their failed attempt to buy the German classifieds group.

Hellman & Friedman, Blackstone sell 6.2% stake in Scout24

Sept 4 Hellman & Friedman and Blackstone Group Inc are selling a 6.2% stake they owned in Scout24 AG to institutional investors on Wednesday, according to two bookrunners handling the deal, months after their failed attempt to buy the German classifieds group.

Scout24's activist shareholders gain non-executive board seat

MUNICH Activist investors calling for strategic change at Scout24 have won a vote to place a representative on the German classifieds group's non-executive supervisory board, ramping up pressure on management.

Scout24's activist shareholders gain non-executive board seat

MUNICH, Aug 30 Activist investors calling for strategic change at Scout24 have won a vote to place a representative on the German classifieds group's non-executive supervisory board, ramping up pressure on management.

Top-5 shareholder backs Scout24 management in clash with Elliott

FRANKFURT Fund manager Baillie Gifford on Friday threw its weight behind the management team at German classifieds group Scout24 , which has faced calls from activist investor Elliott Advisors to break up the business.

UPDATE 1-Top-5 shareholder backs Scout24 management in clash with Elliott

FRANKFURT, Aug 16 Fund manager Baillie Gifford on Friday threw its weight behind the management team at German classifieds group Scout24, which has faced calls from activist investor Elliott Advisors to break up the business.

Top-5 shareholder backs Scout24 management in clash with Elliott

FRANKFURT, Aug 16 Fund manager Baillie Gifford on Friday threw its weight behind the management team at German classifieds group Scout24, which has faced calls from activist investor Elliott Advisors to break up the business.

Scout24 to explore sale or spin-off of autos platform

MUNICH German classifieds group Scout24 said on Tuesday it would explore a sale or spin-off of its autos platform and borrow more to buy back shares, after facing calls from activist investor Elliott to boost shareholder returns.

UPDATE 2-Scout24 to explore sale or spin-off of autos platform

* Strategy tweak to deliver 200-300 basis points in margin gains

Scout24 can afford leverage ratio of up to 3.5 for buybacks: CEO

FRANKFURT German classifieds group Scout24 can cope with a higher long-term leverage ratio of up to 3.5 times core earnings to fund greater capital return to shareholders, CEO Tobias Hartmann said on Tuesday.

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