Polaris Media ASA (DE:93J) has released an update.
Polaris Media ASA has acquired a 55 percent majority stake in the reputable local Norwegian newspaper Hallingdølen AS, with the remaining shares held by the current owners. Hallingdølen is known for its strong local ties, award-winning journalism, and a significant digital presence with half of its subscribers being fully digital. The acquisition by Polaris Media, a leading Scandinavian media group with significant growth in recent years, is expected to bolster Hallingdølen’s future development and technological advancement while maintaining its local essence.
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