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G+J mulls selling stake in China’s BODA

G+J mulls selling stake in China’s BODA FRANKFURT: German publisher Gruner+Jahr is looking for a buyer for its stake of about 50 per cent in Chinese publisher BODA, German magazine Der Spiegel reported, citing sources within the company. G+J, publisher of titles including “Stern” and “Brigitte” and 74.9-per cent owned by media conglomerate Bertelsmann, bought the stake in 2006, hoping to participate... 
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Added February 16, 2014
from The Punch News