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 U.S. +1.407.788.2780     Germany +49.89.6.214.6044 info@aimgroup.com

By Christo Volschenk
Job portal Stepstone, a subsidiary of German media group Axel Springer, acquired Britain’s leading job portal Totaljobs.co.uk from Reed Business Information for €132 million ($172 million U.S.), Axel Springer announced today. It was the first acquisition of a classifieds platform outside Germany since Axel Springer and General Atlantic (GA) formed a joint vent

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