Sanoma sells its stake in Sanoma Bliasak Bulgaria
Sanoma Corporation, Investor News, 26 August 2013 at 13:00 CET+1
Sanoma sells its stake in Sanoma Bliasak Bulgaria to its joint venture partner, the Drumev family. This transaction marks the departure of Sanoma from the Bulgarian market.
The divestment is in line with Sanoma’s strategy to focus its operations and divest selected ownerships.
Get the world. Sanoma helps people access and understand the world. Sanoma is a front runner in consumer media and learning in Europe. We employ around 10,000 professionals in more than 10 countries. In 2012, the Group’s net sales totaled EUR 2.4 billion. Sanoma’s share is listed on the NASDAQ OMX Helsinki.