DGAP-Adhoc: Axel Springer SE: Axel Springer acquires leading US provider for data and economic analyses for digital businesses, eMarketer, Inc.




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10.06.16

DGAP-Adhoc: Axel Springer SE: Axel Springer acquires leading US provider for data and economic analyses for digital businesses, eMarketer, Inc.

To press release overview


Axel Springer SE / Key word(s): Mergers & Acquisitions/Strategic Company Decision

10.06.2016 10:10

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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According to the agreement with eMarketer, Inc., New York, USA, which was
approved by the supervisory board of Axel Springer SE today, a subsidiary
of Axel Springer SE will acquire approximately 93 % of the shares in the
company. The transaction is based on an enterprise valuation of eMarketer
of approximately USD 250 million (EUR 220 million). Taking into account the
company's cash and debt, Axel Springer pays approximately USD 242 million
(EUR 213 million) for 93 % of the shares. In the financial year 2015
eMarketer, Inc. achieved revenues of USD 45.5 million (EUR 40.0 million)
and an EBITDA of USD 13.5 million (EUR 11.9 million). For the financial
year 2016, eMarketer expects revenues of approximately USD 53 million
(approximately EUR 47 million) and EBITDA of approximately USD 18.5 million
(EUR 16.3 million). Two of the still active founders will remain invested
in and continue to lead the company.

eMarketer, Inc. is a leading provider of high-quality analyses, reports and
data for digital businesses. The company generates approximately 81 % of
its revenue from subscriptions. The transaction is a further essential
component of Axel Springer's strategy to grow in English-language
geographies. By acquiring eMarketer Axel Springer also strengthens its paid
content activities and supplements its existing business media.

The transaction is still subject to approval by the relevant antitrust
authorities.


10.06.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language: English
Company: Axel Springer SE
Axel-Springer-Straße 65
10888 Berlin
Germany
Phone: +49 (0)30 2591-77421
Fax: +49 (0)30 2591-77422
E-mail: ir@axelspringer.de
Internet: www.axelspringer.de
ISIN: DE0005501357, DE0005754238
WKN: 550135, 575423
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange

End of Announcement DGAP News-Service

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Investor contact: Claudia Thomé
Tel: +49 30 2591 77421