Axel Springer SE: Executive Board decides against change to a KGaA




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12.02.16

Axel Springer SE: Executive Board decides against change to a KGaA

To press release overview

The Executive Board of Axel Springer SE decided not to further pursue the plans to change the legal form to a partnership limited by shares (Kommanditgesellschaft auf Aktien – KGaA). The company and its majority shareholder Friede Springer have thoroughly examined the advantages and disadvantages of a change. They have jointly come to the conclusion that the existing legal form of a SE (Societas Europaea) is the better alternative for the long-term development of the company and its attractiveness for the capital market. Axel Springer SE remains committed to the goal of becoming the leading digital publisher and will, if necessary, use other suitable options to raise capital.

Press Contact Axel Springer SE:
Michael Schneider

Tel: +49 30 2591 77644