Axel Springer AG / Disposal 29.03.2010 21:59 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad-hoc-Announcement pursuant to Section 15 WpHG Axel Springer sells software -unit of StepStone ASA to HgCapital LLP Axel Springer AG has sold the 'Solutions' business unit of its subsidiary StepStone ASA, Oslo, to the financial investor HgCapital LLP. HgCapital LLP with its headquarters in London will take over the supplier of talent managment software solutions for a purchase price of EUR 110 million. The online job board StepStone, one of the leading internet based job markets in Europe, remains with Axel Springer and strengthens the digital positioning of the enterprise in the core area of online classified advertising. In financial year 2009, StepStone ASA generated revenues of EUR 100.1 million, half of which were attributable to the 'Solutions' business unit. The consummation of the transaction is subject to receipt of the required approval by antitrust authorities and other customary closing conditions. Berlin, March 29, 2010 Axel Springer Aktiengesellschaft Axel-Springer-StraÃe 65 D-10888 Berlin Investor Relations contact: Daniel Fard-Yazdani +49 (0)30 2591-77425 daniel.fard-yazdani@axelspringer.de 29.03.2010 21:59 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|] --------------------------------------------------------------------------- Language: English Company: Axel Springer AG Axel-Springer-StraÃe 65 10888 Berlin Deutschland Phone: +49 (0)30 2591-77421 Fax: +49 (0)30 2591-77422 E-mail: ir@axelspringer.de Internet: www.axelspringer.de ISIN: DE0005501357, DE0005754238 WKN: 550135, 575423 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Hannover, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Axel Springer sells software -unit of StepStone ASA to HgCapital LLP
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