FAZ concentrates on newspaper business
The Frankfurter Allgemeine Zeitung is selling its book division.
The Frankfurter Allgemeine Zeitung (FAZ)
sells the book business of the DVA, Kösel and Manesse publishing groups
to Random House subject to antitrust approval, as the FAZ Group announced on
announced on Tuesday. The Group is thus continuing to focus on the
newspaper business, having already acquired the
has sold its DVA magazine division. Excluded from the sale are the
DTV shareholdings and other shareholdings that were not included in the previous
remain with the shareholders. With the sale to the Bertelsmann subsidiary
Random House is committed to continuous author and customer support at
of DVA and its two daughters, according to a press release from DVA.
Media release.
sells the book business of the DVA, Kösel and Manesse publishing groups
to Random House subject to antitrust approval, as the FAZ Group announced on
announced on Tuesday. The Group is thus continuing to focus on the
newspaper business, having already acquired the
has sold its DVA magazine division. Excluded from the sale are the
DTV shareholdings and other shareholdings that were not included in the previous
remain with the shareholders. With the sale to the Bertelsmann subsidiary
Random House is committed to continuous author and customer support at
of DVA and its two daughters, according to a press release from DVA.
Media release.
