Sanoma completes the divestment of its book logistics operations
(Thomson Reuters ONE) -
Press release, 2 April 2012
The divestment of Sanoma's book logistics company Porvoon Kirjakeskus Oy,
announced on 2 March 2012, has been closed today. In the transaction Sanoma sold
the entire share capital of Porvoon Kirjakeskus Oy to Bonnier Books Finland Oy.
Finnish competition authorities approved the transaction on 15 March 2012.
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#1599289]
Unternehmensinformation / Kurzprofil:
Datum: 02.04.2012 - 10:41 Uhr
Sprache: Deutsch
News-ID 130782
Anzahl Zeichen: 1910
contact information:
Town:
Helsinki
Kategorie:
Business News
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