trending Market Intelligence /marketintelligence/en/news-insights/trending/-T7Q1SB_W3w_x4coDKAGNQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

DPG Media to acquire Sanoma's Dutch unit

2020 TMT Ecosystem: Effects of COVID-19

The Worst Is Yet To Come: Ad Agencies Expect Q2 Revenues Below '09

Brazil Pay TV Down Record Amount In 2019, With Losses Continuing In Q1'20

Case Study: Transforming Sales Enablement Data at a Global Advertising and Media Firm

DPG Media to acquire Sanoma's Dutch unit

Belgian publisher DPG Media NV agreed to acquire Sanoma Oyj unit Sanoma Media Netherlands BV for an enterprise value of €460 million.

Sanoma Media Netherlands publishes Dutch and Belgian magazines such as Libelle, Donald Duck, vtwonen and Veronica, as well as online news platform

The deal is in line with Sanoma's aim of transforming itself into a company with a dual focus on learning and cross-media businesses. Following the transaction, Sanoma's operations will consist of Sanoma Learning BV and Sanoma Media Finland Oy.

The transaction is expected to be completed during the third quarter of 2020 at the latest. It is subject to approval by the Netherlands Authority for Consumers and Markets, as well as the completion of a works council consultation. Sanoma will use the deal's proceeds to pay down its debt.

The Finnish media group also named Rob Kolkman CEO of Sanoma Learning, effective Jan. 1, 2020. He will assume the post while retaining his current role as CEO of Sanoma Media Netherlands until its sale is completed. He will also remain on Sanoma's executive management team.

Kolkman is replacing John Martin, who will continue working on Sanoma's strategic projects until he leaves the company in spring 2020.

Sanoma earlier acquired educational services provider Iddink Groep BV for €277 million.