March 26, 2018 / 10:01 AM / 8 months ago

BRIEF-Axel Springer Says to Acquire 11.5 pct in Purplebricks

March 26 (Reuters) - Axel Springer SE:

* SAYS TO ACQUIRE A MINORITY INVESTMENT IN THE UK-BASED COMPANY PURPLEBRICKS,

* SAYS PRICE FOR 11.5 PERCENT AMOUNTS TO 125 MILLION GBP (143.3 MILLION EUR)

* SAYS BUYING SHARES FROM A CAPITAL INCREASE AND PURCHASE OF SECONDARY SHARES FROM EXISTING HOLDERS Source text here Further company coverage:

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