Axel Springer and KKR finalize division of media group
Published by Global Banking & Finance Review®
Posted on April 29, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on April 29, 2025
1 min readLast updated: January 24, 2026
Axel Springer and KKR have completed the division of their media group, with Springer retaining media control and KKR leading classifieds.
(Reuters) - Axel Springer and U.S. investment firm KKR have finalized the division of the media group, Springer said on Tuesday.
Chief Executive Matthias Doepfner and the Springer family will retain control of the media operations, including German tabloid Bild and Politico.
KKR and its partner, Canadian pension fund CPP Investments, will hold the majority of the classified advertising business, including jobs portal Stepstone and property portal Aviv. Axel Springer will hold onto a 10% stake in the business.
(Reporting by Klaus Lauer; Writing by Bernadette Hogg, editing by Kirsti Knolle)
Chief Executive Matthias Doepfner and the Springer family will retain control of the media operations, including German tabloid Bild and Politico.
KKR and its partner, Canadian pension fund CPP Investments, will hold the majority of the classified advertising business, including jobs portal Stepstone and property portal Aviv.
Axel Springer and KKR finalized the division of the media group on Tuesday, as announced by Springer.
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