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Regulatory press release

Schibsted ASA (SCHA/SCHB) - Schibsted initiates process to sell its news media operations to the Tinius Trust

Vend Marketplaces
11.12.2023 07:00:00 CET | Schibsted | Inside information

Schibsted ASA ("Schibsted" or the "Company") and its largest shareholder, the
Tinius Trust through Blommenholm Industrier AS (collectively the "Trust"), today
announced that they have entered into a non-binding agreement regarding a
potential acquisition of Schibsted's news media operations by the Trust (the
"Agreement"). Subject to a final agreement being reached, the Board of Directors
will submit the agreement to the general meeting for approval. If finalised, the
transaction will lead to today's Schibsted becoming two, more focused,
companies
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