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Burda sells 4 titles, on Competition Council’s demand

 

burdaBurda publishing house will sell 4 of the titles it owns, as it promised to the Competition Council. The titles up for sale are: Bucataria de azi, Casa de Vacanta, Ioana Visul Copiilor and Ioana Vine Barza.

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The potential buyers can opt for one, more or all the actives that make the object of the cession action, the sales announcement states.

Romanian Competition Council approved Sanoma Hearst’s take over by Burda Romania in the end of November. At the time, the Council demanded the company to give up 4 titles or face a fine equal to 0,5% to 10% of company’s turnover.

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Autor: Carmen Maria Andronache carmenpaginademedia.ro

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