Sanoma divests its book logistics operations to Bonnier Books Finland

Sanoma divests its book logistics operations to Bonnier Books Finland

ID: 121115

(Thomson Reuters ONE) -


Press release, 2 March 2012

Sanoma Corporation has today announced that it sells its book logistics company
Porvoon Kirjakeskus Oy to Bonnier Books Finland Oy. The deal is subject to the
approval of the Finnish competition authorities. The closing of the transaction
is expected during the second quarter of 2012.

Porvoon Kirjakeskus Oy offers logistics services for the leading publishers in
Finland. It employs some 115 persons (FTEs).

The divestment is in line with Sanoma's strategy to focus its operations and to
concentrate on consumer media and learning. The divestment will not affect the
Sanoma Group's outlook for 2012.

Sanoma Corporation

Kim Ignatius
Chief Financial Officer

Additional information: Sanoma's Investor Relations Martti Yrjö-Koskinen tel.
+358 105 19 5064 or ir(at)sanoma.com


Sanoma inspires, informs and connects. As a diversified media group, we bring
information, experiences, education and entertainment to millions of people
every day. We make sure that quality content and interesting products and
services are easily available and meet the demands of our readers, viewers and
listeners. We offer a challenging and interesting working environment for nearly
15,000 people in over 20 countries. In 2011, the Group's net sales totalled EUR
2.7 billion.







This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Sanoma Oyj via Thomson Reuters ONE

[HUG#1590952]




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Datum: 02.03.2012 - 13:06 Uhr
Sprache: Deutsch
News-ID 121115
Anzahl Zeichen: 2036

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