
Schibsted and Tinius Trust sign final agreement on sale of news media operations
Schibsted ASA (“Schibsted”) today announced that it has signed a final agreement (the “Agreement”) regarding the sale of its news media operations to the Tinius Trust through Blommenholm Industrier AS (collectively the “Trust”). The Agreement is a key milestone in the transformation of today’s Schibsted into two more focused companies: a media company fully owned by the Trust and a publicly listed marketplaces company.