Axel Springer: Wallstreet Online sold
Axel Springer is selling its stakes in Wallstreet Online and Wallstreet Online Capital, as well as the Journa certificates. The financial portal Finanzen.net will remain under the ownership of the Berlin-based media group.
The shares sold, which belong to the subsidiary Axel Springer Financial Media, will be taken over by the current management, which will continue the business, and by the remaining shareholders. The approximately 75 percent share in the financial community Wallstreet Online will be taken over by the founder and former board member, André Kolbinger. This writes New-business.de on Friday. The share of 75.1 per cent in the fund mediator Wallstreet on-line Capital acquire member of the board René Krüger as well as Prokurist Ewald Brunen in the course of a management Buy out. A 33.3 percent stake in Zertifikate Journal, a service provider for certificates and structured financial products, is taken over by the two previous board members and founders Christian W. Röhl and Werner H. Heussinger.
