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Sanoma sells Serbian operations


Tuesday, 10 Dec 2013 04:00am EST 

Sanoma Oyj:Says the company and its partners Gruner + Jahr and Styria Media have sold their joint venture Adria Media Serbia to Kurir-info.Says this transaction marks the departure of Sanoma from the Serbian market.Says the divestment is in line with Sanoma‚Äôs strategy to focus its operations and divest selected ownerships.Financial details were not disclosed. 

Company Quote

5.405
0.015 +0.28%
22 Sep 2014