Schibsted may sell part of classified unit
16 Mar 2009
What do you do if you have a high-quality classified advertising business which generates about three-quarters of its revenue online and operates with margins of better than 15 percent --- and your company needs cash?
You consider selling a piece of the classified operation.
That’s the position taken by Kjell Aamot of Schibsted ASA, based in Oslo. Schibsted operates some cat