Tamedia separates from Anzeiger von Uster

Newspapers Zurich-based Tamedia has sold its ten percent stake in Anzeiger von Uster to majority shareholder Zürcher Oberland Medien AG (ZOM), and Group CEO Martin Kall will step down from the Board of Directors at the Annual General Meeting in May. Tamedia acquired a majority stake in Anzeiger von Uster in 1991. In 1996, it handed over responsibility for the loss-making newspaper to ZOM and gradually reduced its stake. Since the end of January, the Neue Zürcher Zeitung has held a substantial stake in ZOM and thus indirectly in Anzeiger von Uster