
Articles
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4 weeks ago |
streetinsider.com | Elvira Pollina |Klaus Lauer
1. TSLA2. GM3. SPY4. F5. GME6. DLTR7. CHWY8. WOOF9. DOOO10. NVDA Tweet Share E-mail0 shares FILE PHOTO: The logo of German media company ProSiebenSat.1 is seen in front of the headquarters in Unterfoehring near Munich, Germany, November 5, 2020.
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1 month ago |
ca.finance.yahoo.com | Maria Martinez |Maria Martínez |María Martínez |Klaus Lauer |Elvira Pollina
(Reuters) - German media group ProSiebenSat.1 said on Friday it would sell comparison website Verivox to Italy's Moltiply Group for 231 million euros ($250 million) as it seeks to focus more on its core TV broadcasting business. The German company also said it had adjusted its outlook due to the sale, now aiming for adjusted core earnings of roughly 520 million euros in 2025.
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1 month ago |
marketscreener.com | Maria Martinez |Maria Martínez |María Martínez |Klaus Lauer |Elvira Pollina
(Reuters) - German media group ProSiebenSat.1 said on Friday it would sell comparison website Verivox to Italy's Moltiply Group for 231 million euros ($250 million) as it seeks to focus more on its core TV broadcasting business. The German company also said it had adjusted its outlook due to the sale, now aiming for adjusted core earnings of roughly 520 million euros in 2025.
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1 month ago |
kfgo.com | Elvira Pollina |Klaus Lauer
By Elvira Pollina and Klaus Lauer(Reuters) – German media group ProSiebenSat.1 said on Thursday it has approved an agreement with U.S. private equity firm General Atlantic on the acquisition of the U.S. firm’s minority stakes in dating platform ParshipMeet and internet holding NuCom Group. The deal with General Atlantic is expected to pave the way to the sale of ProSieben digital assets, including e-commerce portal Verivox to Italy’s Moltiply Group.
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1 month ago |
money.usnews.com | Klaus Lauer |Elizaveta Gladun |Anastasiia A. Kozlova
By Klaus Lauer, Elizaveta Gladun and Anastasiia Kozlova(Reuters) -European media group RTL is aiming to return to an annual operating profit of 1 billion euros ($1.08 billion) in the medium term, CEO Thomas Rabe said on Thursday, counting on the eventual economic upturn to boost ad revenue. "We will achieve this in two to three years," Rabe said in a media call, adding the timing depended largely on developments in Germany's challenged economy, which heavily correlate with TV advertising growth.
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