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Results for category: The Schibsted Separation close

Schibsted ASA completes sale of news media operations

Schibsted ASA (“Schibsted” or “Schibsted Marketplaces”) today announces that the divestment of its news media operations to the Tinius Trust through Blommenholm Industrier AS (collectively the “Trust”) has been completed. As first announced in December 2023, with a final agreement signed in March 2024, the decision to divest its news

Christian Printzell Halvorsen appointed CEO of Schibsted ASA

Schibsted ASA (“Schibsted” or “Schibsted Marketplaces”) today announced that Christian Printzell Halvorsen has been appointed as its next CEO. Christian Printzell Halvorsen, currently EVP of Schibsted’s business area Nordic Marketplaces, will take up his new position after the closing of the divestment of Schibsted’s news media operations to the Tinius

Schibsted Media’s new Board of Directors is announced

The work to separate Schibsted’s media business into an independent company is progressing. Now, Schibsted Media’s new Board of Directors is ready. Before Easter, the agreement to sell the media business to the Tinius Trust was signed by both parties. Today, the Trust announced the company’s Board of Directors. Kjersti

Schibsted and Tinius Trust sign final agreement on sale of news media operations

Schibsted ASA (“Schibsted”) today announced that it has signed a final agreement (the “Agreement”) regarding the sale of its news media operations to the Tinius Trust through Blommenholm Industrier AS (collectively the “Trust”). The Agreement is a key milestone in the transformation of today’s Schibsted into two more focused companies:

Schibsted Media’s Executive Management Team is announced

Schibsted’s work to separate the media business into an independent company has reached a new milestone. The Executive Management Team of Schibsted Media is now ready. Before Christmas, Schibsted announced its intention to sell the media business to the Tinius Trust. The agreement between the two parties is expected to

Schibsted announces leadership transition

Today, Schibsted announces that CEO Kristin Skogen Lund has decided to step down from her position once a successor is found, and that a search for a new CEO will be initiated. Recent milestones under Skogen Lund’s leadership are the Adevinta takeover offer and the non-binding agreement to sell Schibsted’s

Schibsted initiates process to sell its news media operations to the Tinius Trust

  Schibsted ASA (“Schibsted” or the “Company”) and its largest shareholder, the Tinius Trust through Blommenholm Industrier AS (collectively the “Trust”), today announced that they have entered into a non-binding agreement regarding a potential acquisition of Schibsted’s news media operations by the Trust (the “Agreement”). Subject to a final agreement