NZZ sells 11 percent of FPH
Publishing Companies: The Neue Zürcher Zeitung (NZZ) is transferring 11 percent of its subsidiary Freie Presse Holding (FPH) to PubliGroupe.
Publishers Neue Zürcher Zeitung (NZZ) is transferring 11 percent of its subsidiary Freie Presse Holding (FPH) to PubliGroupe, which in return will contribute 40 percent of Akeret AG (Zürcher Unterländer) and 20 percent of Zürichsee Presse AG to FPH. The two partners had already agreed on the transaction last July, but without specifying the amount of PubliGroupe's stake in FPH. NZZ continues to own 89 percent of FPH, PubliGroupe 60 percent of Akeret and 20 percent of Zürichsee Presse.
