Alma Media to sell regional news media business and printing operations to Sanoma Media Finland for 115 million euros
Alma Media Corporation Insider information 11 February 2020 at 8.00 a.m ALMA MEDIA TO SELL REGIONAL NEWS MEDIA BUSINESS AND PRINTING OPERATIONS TO SANOMA MEDIA FINLAND FOR 115 MILLION EUROS Alma Media and Sanoma have on 11 February 2020 signed an agreement concerning the sale of all shares in Alma Media Kustannus Oy, operating in regional news media business, and in Alma Manu Oy, the printing operations to Sanoma Media Finland. The enterprise value of the businesses to be divested is EUR 115 million. Alma Media will book a capital gain of approximately EUR 58 million from