Axel Springer ups share in Stepstone to 87.8 percent

27 Oct 2009
German media group Axel Springer has managed to increase its shareholding in Norwegian-based and LSE-listed job portal Stepstone from 52.77 percent to 87.8 percent with its special offer to shareholders to buy the 60.9 million shares not yet under Springer's control for nine Norwegian Kronen per share (about $1.60 U.S). ..

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Jim Townsend