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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Wright Reports

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Jobindex A/S Enters Media Business through Acquisition of IDG Danmark A/S and Computerworld from International Data Group; Raises Turnover and Lowers Operating Pre-Tax Profit Outlook for FY 2013

Wednesday, 29 May 2013 04:43am EDT 

Jobindex A/S announced that the Company enters the media business through the acquisition of IDG Danmark A/S and Computerworld from International Data Group. Apart from media brands including Computerworld, ComOn, PCworld and Channelworld, the acquisition includes Jobworld, IDG Kurser, IDG Event, community-site and marketing areas IDG Connect, IDG Direct and Technetwork. Mr. Soeren Queitsch, Chief Executive Officer of IDG Danmark A/S, will continue in a corresponding position at Jobindex Media A/S. Financial details of the acquisition were not disclosed. Jobindex also announced that as a result of the acquisition the Company expects to report turnover of DKK 140 million and operating profit of DKK 25 million before tax for the fiscal year 2013. Previously, the Company expected turnover of DKK 120 million and operating profit and DKK 30 before tax for the fiscal year 2013. 

Company Quote

1 Dec 2014