MIL OSI – Source: Axel Springer in English – Press Release/Statement
Headline: DGAP-Adhoc: Axel Springer SE: Exclusive discussions on the sale of the stake of Axel Springer SE in aufeminin S.A.
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DGAP-Ad-hoc: Axel Springer SE / Key word(s): Mergers &Acquisitions/Strategic Company DecisionAxel Springer SE: Exclusive discussions on the sale of the stake of AxelSpringer SE in aufeminin S.A.11-Dec-2017 / 09:51 CET/CESTDisclosure of an inside information acc. to Article 17 MAR, transmitted byDGAP – a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.—————————————————————————Axel Springer SE is in exclusive discussions with Télévision Française 1S.A. about the potential sale of its indirect 78.43% stake in aufeminin S.A.aufeminin-group offers digital products and subscriptions on topics such asfashion, beauty, lifestyle, cooking and health. aufeminin-group is part ofthe Marketing Media segment of Axel Springer SE. The shares of aufemininS.A. are listed on Compartment B of Euronext Paris stock exchange.Whether or not an agreement will be reached by the negotiating parties aswell as the terms of such an agreement will depend on the further progressof the discussions.The conclusion of a binding share purchase agreement is as required byFrench law dependent on, inter alia, the prior implementation of aninformation and consultation procedure of the works councils of aufemininS.A. and Télévision Française 1 S.A. Further, completion of a transactionwould require clearance by the competent cartel authorities.Axel Springer SEthe Executive Board—————————————————————————11-Dec-2017 CET/CEST The DGAP Distribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases.Archive at www.dgap.de—————————————————————————Language: EnglishCompany: Axel Springer SEAxel-Springer-Straße 6510888 BerlinGermanyPhone: +49 (0)30 2591-77421Fax: +49 (0)30 2591-77422E-mail: email@example.comInternet: www.axelspringer.deISIN: DE0005501357, DE0005754238,WKN: 550135, 575423,Indices: MDAXListed: Regulated Market in Frankfurt (Prime Standard); RegulatedUnofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,Munich, Stuttgart, Tradegate ExchangeEnd of Announcement DGAP News Service—————————————————————————637503 11-Dec-2017 CET/CEST