Axel Springer buys stake in Turkey’s Dogan Yayin

28 Nov 2008

The German publishing house Axel Springer Verlag bought a 10 percent share in Dogan Yayin Holding, the largest Turkish media group in a deal worth €47 million (U.S.$59.7 million). Dogan Yayin Holding is the leading media group in Turkey with a turnover of around €1.5 billion (U.S.$1.9 billion) and 13,000 employees. Among others, the company owns the newspaper Hürriyet, which&nbsp

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Jim Townsend