Schibsted announced on 12 January 2012 an offer to the shareholders in Aspiro AB to acquire all the shares in Aspiro AB for SEK 1.65 in cash per share. Aspiro AB is a leading provider of streaming services for music and TV. The offer values the equity of Aspiro AB at approximately SEK 340 million. Schibsted has until 13 March 2012 acquired shares under the offer and outside the offer and Schibsted's ownership interest is 74.3 per cent after these purchases. Schibsted has through the share purchases obtained control of Aspiro AB and Aspiro AB will thus be consolidated as a subsidiary from the acquisition date.
Schibsted has in February 2012, in order to increase the number of sources of financing and diversify the Group's loan structure, issued NOK 800 million of new unsecured bonds in the Norwegian bond market. The issuance is split between a five year loan of NOK 500 million and a seven year loan of NOK 300 million.