Sale of shares in Point Carbon AS

Schibsted ASA (SCH) , Published 27/05/2010 08:00:00

Schibsted has agreed to sell its shares in Point Carbon AS to Thomson Reuters, as Thomson Reuters takes over the company. For Schibsted, the transaction will imply a sales gain of approximately NOK 100 million, which is expected to be booked in Q2 2010.


Point Carbon, based in Oslo, is a world-leading provider of independent news, analysis and consulting services for European and global power, gas and carbon markets. Schibsted has been a financial investor in Point Carbon AS since 2006. The divestment is a part of Schibsted’s efforts to free up capital from activities that are not considered to be core activities.


Contact person:

Gisle Glück Evensen, Head of M&A. Mobile: +47 918 00 566



Oslo, 27 May 2010



Jo Christian Steigedal

VP Investor Relations

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)