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The World: Paris - Axel Springer acquires stake in Aufeminin.com portal.(Brief article)
Axel Springer has signed a deal with the founders of Aufeminin.com to acquire a 41.4 per cent share of the women's portal. The German publishing giant intends to launch a mandatory takeover for the remaining shares of the company, which are valued at EUR284 million.
Andreas Wiele, a member of the Axel Springer magazine management board, said: 'As the leading ...
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