Schibsted’s european ambitions

Hand holding a mobile phone

Schibsted takes over the European and Latin American parts of Trader Classified Media,  consisting of online classifieds services for cars, real estate, recruitment and private possessions.

 

Also:

  • Schibsted sells its shares in the TV 2 group for NOK 1.15 billion, making a profit of approx. NOK 940 billion.
  • Schibsted sells its shares in the Swedish TV4 group for NOK 1.46 billion, making a profit of approx. NOK 550 billion.
  • Schibsted acquires 66.6 percent of the company that publishes Moj Rajon (My District), a free, weekly newspaper in St Petersburg.