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Axel Springer & General Atlantic Partner For Growth In Digital Classifieds Business

Wednesday, March 7, 2012 | More »

Axel Springer AG and growth investor General Atlantic LLC have signed an agreement according to which a new company called ‘Axel Springer Digital Classifieds GmbH’ (based in Germany) will be formed that will hold Axel Springer’s digital classifieds business. While General Atlantic will have 30...

Axel Springer Subsidiary Acquires 9.4% Stake In iProperty For $9.37M

In order to get a foothold into the Asian markets, Paris-based classifieds site SeLoger.com, a wholly owned subsidiary of Axel Springer AG, has acquired 9.4 per cent stake in IPGA Ltd. According to Bernama, the deal amount is valued at A$ 8.9 million ($9.37 million or Rs 42.20 crore) and SeLoger wil...

20 June, 2011 | More »