Tilllate is sold in full to Tamedia
The internet platform Tilllate.com will be sold in full to Tamedia at the beginning of 2010. The publishing house has held around 86 percent of the shares since February.
The internet platform Tilllate.com will be sold in full at the beginning of 2010 to the publishing house Tamedia, which has held around 86 percent of the shares since February 2009. The four founders Markus Popp, Christian Hagmann, Silvan Mühlemann and André Schraner are thus withdrawing as shareholders, but will remain on the management board. Tamedia intends to continue its collaboration with the founding quartet after the takeover of Tilllate.
On the other hand, the company plans to review its international activities in England, Germany, France and Italy, as reported by the Sonntag newspaper. Although the company is satisfied with its online traffic abroad, investments are still necessary, Markus Popp told the newspaper. Negotiations with the German Axel Springer publishing house for a takeover of the foreign business had recently failed, it was also reported. Tilllate is now examining whether and in what form which countries should be continued.
On the other hand, the company plans to review its international activities in England, Germany, France and Italy, as reported by the Sonntag newspaper. Although the company is satisfied with its online traffic abroad, investments are still necessary, Markus Popp told the newspaper. Negotiations with the German Axel Springer publishing house for a takeover of the foreign business had recently failed, it was also reported. Tilllate is now examining whether and in what form which countries should be continued.






