Bertelsmann News
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Bertelsmann SE, Europe’s biggest media company, said first-quarter operating profit grew as the company trimmed costs and took full control of its BMG music- rights business.
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U.S. President Barack Obama travels to Europe next month to start formal negotiations on a trading bloc that would dwarf any the world has seen. He should look for ways to integrate Turkey into this new order.
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ProSiebenSat.1 Media AG, the German broadcaster controlled by KKR & Co. and Permira Advisers LLP, is offering to pay a higher interest rate as it seeks to extend about 1.9 billion euros ($2.5 billion) of loans, according to four people with knowledge of the matter.
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ProSiebenSat.1 AG, the German broadcaster controlled by KKR & Co. and Permira Advisers LLP, reported first-quarter revenue that exceeded analysts’ estimates as German television-advertising sales increased.
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RTL Group SA, Europe’s biggest broadcaster, fell on its first day of trading in Frankfurt today and after owner Bertelsmann SE sold a 17 percent stake to fund acquisitions and accelerate growth.
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Bertelsmann SE, Europe’s largest media company, is raising as much as 1.6 billion euros ($2.1 billion) from the sale of a stake in broadcasting unit RTL Group SA to gain funds for acquisitions.
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Bertelsmann SE, Europe’s largest media company, said it plans to spend as much as 3 billion euros ($3.9 billion) on acquisitions over the next three years as it seeks to grow and limit its reliance on Europe.
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Bertelsmann SE, Europe’s largest media company, will add a Frankfurt listing for its RTL Group SA unit, seeking to appeal to a broader base of investors as it prepares to cut its stake in the broadcaster.
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Bertelsmann SE’s Random House won European Union approval to buy Pearson Plc’s Penguin unit to create the largest book publisher in the U.K. and the U.S.
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A Luxembourg law that took effect this month has removed an obstacle to Bertelsmann SE’s years- long ambition to win full ownership of Europe’s largest broadcaster RTL Group SA.
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