April 29 (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.