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Announced

Completed

Bonnier completed the acquisition of a 51% stake in KSF Media.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For51%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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newspaper

Publishing

Acquisition

Majority

Completed

Single Bidder

media

Finland

Cross Border

Private

Friendly

Synopsis

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Bonnier, a privately held Swedish media group, completed the acquisition of a 51% stake in KSF Media, a media agency. Financial terms were not disclosed. “Bonnier News is a long-term owner with a firm belief in the value of free speech and independent journalism. We see that promoting Finnish-Swedish culture and the Swedish language in Finland is essential. We have a strong belief that through co-ownership with the Konstsamfundet Association, we can contribute to ensuring the long-term publishing of Hufvudstadsbladet, Västra Nyland and Östnyland and create value for both parties. If we succeed, it will have a decisive impact on the Swedish voice in Finland,” Anders Eriksson, Bonnier CEO.

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