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Axel Springer and KKR finalize division of media group
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Axel Springer and KKR finalize division of media group
May 25, 2025 8:45 PM

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.

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