Schibsted ASA (GB:0MHM) has released an update.
Schibsted ASA has completed the sale of its news media operations to the Tinius Trust, resulting in the creation of two distinct entities: Schibsted Marketplaces, remaining public, and Schibsted Media, now fully owned by the Trust. The reorganization, first announced in December 2023 and finalized in March 2024, includes new leadership with Christian Printzell Halvorsen and Siv Juvik Tveitnes at the helms of Schibsted Marketplaces and Schibsted Media respectively.
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