Thursday 27. November 2008
Axel Springer AG: Axel Springer purchases Minority Interest in the major Turkish Media Group, Dogan Yayin Holding A.S. and sells shares in Dogan TV Holding A.S.
Today Axel Springer entered into an agreement with Dogan Sirketler Grubu Holding A.S. (Dogan Holding) on the purchase of shares representing at least 9.1 % in Dogan Yayin Holding A.S. (Dogan Yayin). Dogan Yayin is a major Turkish media group, including inter alia a majority participation in the newspapers Hürriyet, Milliyet and Posta, shareholdings in the magazine company Dogan-Burda and a majority holding in the television and broadcasting company Dogan TV Holding A.S. (Dogan TV).