Announced

Burda Digital to acquire the remaining 25.78% stake in New Work for €100m.

Synopsis

Burda Digital, a publishing company focusing on digital media, agreed to acquire the remaining 25.78% stake in New Work, a digital jobs network and review platform provider, for €100m. After the revocation of the stock exchange admission takes effect, the shares of New Work SE will no longer be admitted to trading and traded on a domestic regulated market or a comparable market abroad.

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