Download 200802010000000036_0803 Change of Ownership at Amsterdams

Survey
yes no Was this document useful for you?
   Thank you for your participation!

* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project

Document related concepts

Financial history of the Dutch Republic wikipedia , lookup

Transcript
Amsterdam, 1 February 2008
1 of 1
A change of ownership at Amsterdams Stadsblad
TMG’s publishing house of free (door to door distributed) weeklies and Argo Press reached an
agreement on the acquisition of the assets of Argo Press regarding Amsterdams Stadsblad as
per today, 1 February 2008.
TMG’s publishes on a weekly basis more than 80 free weeklies with a circulation of over 2.5
million copies in the western part of the Netherlands (provinces Noord Holland, Zuid Holland and
Flevoland). The acquisition concerns the following free weeklies with a total circulation of over
500.000 copies: Amsterdams Stadsblad, Diemer Courant, Amstelveens Weekblad, Aalsmeerder
Courant, Uithoornse Courant and De Ronde Vener. With this acquisition TMG strengthens its
market position in the Amsterdam area.
The acquisition has no direct impact on the position of the 21 employees of Amsterdams
Stadsblad.
About TMG
TMG (Telegraaf Media Groep) is the largest media group in the Netherlands and occupies leading market
positions in the newspapers, magazines, on-line and off-line media, radio and television sectors. TMG is
also becoming increasingly active in new, often digital forms of media via the internet, mobile telephone,
narrowcasting and those involving combinations of various media (cross media). Through its (option to
acquire) interests TMG has established an international market position in radio and television, as well as in
trade fairs and events.
Outside of the Netherlands, TMG is active in Belgium, France, Denmark, Sweden and Ukraine, partly in the form of
multi-media publishing houses and partly in specialised niche markets, such as puzzle booklets.
TMG employs more than 3.600 people and achieved revenues of over € 730 million in 2007.
The shares of TMG are listed in Amsterdam at NYSE Euronext stock exchange.
Disclaimer
This press release is a translation of the original text in Dutch. In the event of a discrepancy between the two
versions, the one in the Dutch language prevails.
--------------------------------------------------------------------------------------------------------------------------------Notice to editorial departments, not for publication.
For more information, Hans Elekan, head of Corporate Communication & Investor Relations
Telephone: +3120 585 3308 (switched through to a cell phone outside office hours).
08-03