- Sweden edition
- Change edition:
- France |
- Germany |
- Norway |
- Switzerland
February 13, 2012
Bonnier 'leading contender' to buy US magazines
Published: 23 Jan 07 12:36 CET | Double click on a word to get a translation
Online: http://www.thelocal.se/6175/20070123/
Swedish media giant Bonnier is reported to be the leading contender to buy 18 magazines being sold by American publisher Time Inc.
- Publisher hails Swedish poet's Nobel (6 Oct 11)
- Swedish media firm launches apps for kids (17 Mar 11)
- Astrid Lindgren heirs lose in copyright spat (21 Jan 11)
The paper said that Bonnier is a likely frontrunner to seal the purchase, with Time Inc CEO Ann Moore saying she aims to sell to a strategic partner.
It is understood that Bonnier Publications, the family-owned company's magazine arm, is handling negotations. A further six companies are in the running to buy the magazines.
Bids for the publications closed on Monday.
Erik Månsson, information director at Bonnier in Stockholm, confirmed that the company was interested in the magazines, but would not confirm directly that the company had made a bid.
"We have said that we have an interest - we are always looking at different opportunities," he told The Local.
Månsson was unable to say whether the company was interested in all of the assets or just some of those being sold.
US media industry magazine Folio quotes sources saying that Time is unlikely to get more than a total of $200 million for the sale. Månsson said he was unable to comment on the value of the sale.
Bonnier Publications' market is currently active principally on the Nordic market, where it publishes around 15 titles.
Fark It!
Digg This
Share everywhere
Send to a friend
Printable version
Twitter This
Saab shares dive despite strong 2011 report
Swedish defence group Saab on Friday reported a major boost in earnings for 2011 thanks to winning several major contracts, but a drop in orders left investors jittery, sending Saab's stock price down nearly 10 percent. READ (2 COMMENTS) »
Mats Sundin in massive kid's health research gift
Mats Sundin, the ex-Swedish hockey great, has made a donation supporting research into children's health at Karolinska Institutet in Stockholm and the University of Toronto. READ (4 COMMENTS) »
H&M under fire over Cambodia mass faintings
H&M has been criticized for choosing not to attend a hearing to highlight poor conditions for textile workers in Cambodia, where hundreds of employees at a plant run by the Swedish fashion giant mysteriously passed out in August. READ (6 COMMENTS) »
SAS earnings hit by Spanair bankruptcy
The bankruptcy of Spanair pulled SAS into the red for 2011, despite improved operating profits, the Scandinavian airline reported on Wednesday. READ (2 COMMENTS) »
Saab to cut Swiss Gripen fighter price: report
Swedish defence group Saab have announced that it will cut the price on its Gripen fighter jet to secure its Swiss order after a threat by French planemaker Dassault to undercut them. READ (5 COMMENTS) »
Few Swedes ready to work until they're 75: poll
An overwhelming majority of Swedes disagree with Swedish prime minister Fredrik Reinfeldt's suggestion that workers should be ready to stay on the job until they are 75, a new poll shows. READ (34 COMMENTS) »
Several bids for Saab: administrator
Several companies are interested in buying Saab, confirmed the bankrupt Swedish carmaker's administrators on Tuesday, while currently unwilling to disclose the identities of the bidders. READ (2 COMMENTS) »
US ISPs block hacker probes: Swedish police
The Swedish National Police Board has called for new international laws to catch hackers on the internet, after US internet service providers refused to divulge information on the weekend's attack on government websites. READ (5 COMMENTS) »
Fire brigade slammed for 'renting out' rooms
Emergency services in Gothenburg have come under fire recently after it came to light that a fire station had been renting out rooms to visiting colleagues. READ (2 COMMENTS) »
Kinnevik in bid to buy up publisher Metro
Swedish investment firm Kinnevik has made an offer to buy up Metro International, a global publisher of free newspapers. READ (2 COMMENTS) »
- 03/02 Volvo group announces record sales for 2011 »
- 03/02 TeliaSonera reports profit drop for 2011 »
- 02/02 Electrolux profits plunge amid weak demand »
- 02/02 AstraZeneca job cuts hit Södertälje hard (7 comments) »
- 02/02 Europe's banks set for years of 'shrinkage': Borg (2 comments) »
- 01/02 'Underclass-safari' post lands official in trouble (1 comment) »
- 01/02 Supreme Court denies Pirate Bay right to appeal (10 comments) »
- 31/01 ABB irked by link to Norwegian killer (2 comments) »
- 31/01 Sweden gets a seat at the eurozone table (8 comments) »
- 30/01 Five buyers 'seriously interested' in Saab (8 comments) »
20 things to know before moving to Sweden
As diverse as Sweden is, there are a few societal norms that are distinctly Swedish. Understanding a handful of them will hopefully prepare you culturally before you relocate. When you're invited home to a Swede, you better be on time and take your shoes off, writes expat Lola Akinmade-Åkerström. Read more »
How far can English take you in Sweden?
Sweden is a country where almost everyone can speak English. So why bother to learn Swedish? Edina Varnagy from Hungary managed with English for a whole year but then found that Swedish could open doors – to a job, a social life and greater understanding. Read more »
| 12/02 | Database Administrator (Oracle), Skanska IT Nordic Kornboden Resurs AB |
STHM |
| 12/02 | Head of Risk Management SJR AB |
Lund |
| 11/02 | Test Engineer Clavister |
Örnsköldsvik |
| 11/02 | Press Secretary Vattenfall |
STHM |
| 11/02 | Security Software Developer Clavister |
Örnsköldsvik |
| 11/02 | Area Product Manager Denmark Anton Paar Nordic AB |
Köpenhamn/Odense |
| 11/02 | Executive Assistant Vattenfall |
STHM |
| 10/02 | PRODUCT MANAGER - NORDICS Johnson & Johnson AB |
Sollentuna |
| 10/02 | YOUNG TALENT PROGRAM - AUTOMATION ENGINEER Tetra Pak |
Lund |
| 10/02 | Project Manager - PMO Schneider Electric Sverige AB |
Malmö |
- 10/02 Berlin defies EU over copyright deal »
- 10/02 Germans don't trust Greece to tighten belt »
- 09/02 Tourists flock to Germany in 2011 »
- 09/02 Daimler books record €6-billion profit »
- 08/02 Exports top €1 trillion despite euro crisis »
- 08/02 GM threatens major job cuts at Opel »
- 07/02 Court caps Jewish ghetto pension claims »
- 06/02 Industrial orders rise amid eurozone gloom »
- 06/02 Former spy boss moves to Deutsche Bank »
- 06/02 China offers Merkel some comfort for Europe »
- 01:45 Had problems with my boyfriend
- 01:03 What is death?
- 00:20 BBC Reporting on Changing Sweden.
- 00:14 Forskarskattenamnden tax relief
- 00:06 A question answered!
- 23:59 This day, today (100 years ago)
- 23:54 Need to replace windows
- 23:28 Moving to Sweden next year
- 23:06 Yoga class in Gothenburg
- 22:05 What is your best three movies
Turning Point Counselling centre offers the international community of Stockholm a safe space for personal development, counselling and coaching.
http://www.turning-point.se/show.asp
Swedish Down Town PR Consulting and Productions is an innovative business company which provides valuable assistance with Public Relations and Communications in the swedish and the international market.
www.swedishdowntown.com
Find products and services that are specifically focused on English speakers living in Sweden!
FULL DETAILS
British-Australian Male Counsellor. Counselling Therapy for Depression, Mental Health, Sex, Relationship & Expat Issues
08-559 22 636 or CLICK HERE
Individuals & Couples - Stockholm Beth Rogerson PhD - Clinical, Marriage & Family Therapist
Click or call 08-5580 1266 now
Therapy in English in Stockholm Trained in California Individuals & Couples (08) 93 81 48 FREE phone consultation
Visit anxiousorblue.se
The new Online Tennis Store with the largest selection of Babolat Products in Sweden
http://www.babolatshop.se
