ProSiebenSat.1 enters German classifieds with a bang

26 Jun 2015

ProSiebenSat.1, a big, German media group, acquired 80 percent of price comparison platform Verivox for €170 million ($190 million U.S.) plus a performance bonus of up to €40 million, to be paid at the end of the current financial year. How high the bonus falls out, will dep

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Christo Volschenk

Christo Volschenk is managing editor of the news on and our senior analyst covering Naspers. He brings more than 31 years of experience in business journalism to the team - the last 18 years focused on classifieds and e-commerce. Apart from working closely with the AIM Group, Christo is a freelance journalist, content manager, and copy editor. Before branching out on his own, he spent 15 years with Naspers in South Africa as journalist, economics editor and online project manager. He now spends most his day editing the news reported by 23 colleagues in 23 countries from his base in Stuttgart, Germany.