The TF1 Group Submitted a Firm Offer in Order to Acquire Axel Springer’s Majority Stake in Groupe aufeminin
13 Décembre 2017 - 6:19PM
Business Wire
Regulatory News:
Groupe aufeminin (Paris:FEM) (ISIN: FR0004042083, Ticker:
FEM) announces that yesterday the TF1 group has submitted a
firm offer in order to acquire Axel Springer’s majority stake
(78.4% of capital and 86.8% of voting rights) in Groupe
aufeminin.
Marie-Laure Sauty de Chalon, CEO of aufeminin, says: “We
are very proud to have developed our communities into iconic brands
that have helped us quadruple our audiences, revenues and profits
during our international phase with Axel Springer. We strongly
believe that this new chapter with the TF1 Group will allow our
people to continue to imagine and create, offering advertisers the
power, affinity and influence that will help them build stronger
and more lasting brands.”
Aufeminin: a unique strategic model as a creator of
communities and a leader in social e-commerce
Founded in 1999 aufeminin creates editorial and community around
the subjects that matter most to women with brand portfolio
encompassing Aufeminin, Marmiton, My Little Paris, Merci Alfred,
Onmeda, EtoileCasting, Netmums, Zimbio, StyleBistro, Lonny and
Livingly Media.
Aufeminin group’s philosophy is underpinned by a strong
commitment to women’s rights, diversity and freedom of speech. The
Group has developed a unique positioning to create numerous
communities representing more than 500 million contacts worldwide
on platforms and social networks.
Groupe aufeminin has also established itself as a leading player
in social e-commerce, in the world of digital influencers, in
cross-platform brand content and in the transformation of the
monetisation of its inventories into programmatics whilst retaining
a high level of profitability.
This distinctive and innovative approach has enabled the Group
to successfully build a solid strategic model, reflected by its
growth and high profitability with 2016 EBITDA of €24.7 million and
revenues of €107 million.
Main terms of the Groupe aufeminin stake acquisition
The TF1 group has announced yesterday having submitted a firm
offer in order to acquire the Axel Springer group’s stake in Groupe
aufeminin at a price of €38.74 per share (subject to customary
adjustments at the completion date).
The conclusion of a final agreement between the Axel Springer
group and the TF1 group will only be possible once Groupe auféminin
staff representative bodies have been consulted.
The acquisition by the TF1 group of the Axel Springer’s stake in
the Groupe aufeminin will be submitted for approval by the merger
control authority.
The transaction could be finalised during the 1st semester of
2018.
Should the acquisition be successfully completed, the TF1 group
will then submit a simplified mandatory public tender offer for the
remaining capital in accordance with applicable stock market
regulations at a share price identical to the one of the
acquisition of Axel Springer’s majority stake.
About aufeminin
1st creator of communities, the Groupe aufeminin provides an
editorial and community-based offer covering mainly : Fashion,
Beauty, Parenthood, Cooking, News, Entertainment, etc.
With media brands such as aufeminin, Marmiton, My Little Paris,
Merci Alfred, Onmeda, Zimbio.com, Livingly.com and Stylebistro.com,
the Group is present in more than 20 countries in Europe, North
Africa, North America and Latin America.
With a global audience of 133 million monthly visitors (1), the
Groupe’s presence is gaining momentum on all platforms such as
mobile, videos and social networks and strengthens its
diversification strategy through ecommerce, programmatic and brand
publishing pillars.
My Little box : https://www.mylittlebox.fr/Gambettes box
: https://www.gambettesbox.fr/Loom: https://www.loom.fr/Edie
& Watson : https://www.edie-et-watson.com/Gretel box
: https://www.gretel-box.com/Beautiful Box by aufeminin
: https://www.beautiful-box.com/
The Groupe aufeminin, which is 78.43% owned by the Axel Springer
group, is listed on compartment B of Euronext Paris (ISIN:
FR0004042083, Ticker: FEM). In 2016, the Group recorded revenue of
€107 million and an EBITDA of €24.7 million.
[1] Source: Google Analytics, Groupe aufeminin - without
deduplication – August 2017
http://corporate.aufeminin.com
About Axel Springer
Axel Springer is Europe’s leading digital publisher. With
headquarters in Berlin, the company is active in more than 40
countries with subsidiaries, joint ventures, and licenses. Axel
Springer SE is divided into three operating segments: Classifieds
Media, News Media and Marketing Media. The company employs more
than 15,000 people worldwide.
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NewCapRelations investisseurs :Mathilde Bohin / Marc
WillaumeTel : +33 (0)1 44 71 00 13aufeminin@newcap.eu