French broadcaster TF1 has confirmed it is in exclusive discussions with digital publishing house Axel Springer SE about the potential acquisition of  the latter’s indirect 78.43 per cent stake in aufeminin S.A., which offers digital products and subscriptions on topics such as fashion, beauty, lifestyle, cooking and health. The shares of aufeminin S.A. are listed on Compartment B of Euronext Paris stock exchange.

Releasing a Statement in response to rumours, TF1 said that whether or not an agreement will be reached by the negotiating parties as well as the terms of such an agreement would depend on the further progress of the discussions. “The conclusion of a binding share purchase agreement is as required by French law dependent on, inter alia, the prior implementation of an information and consultation procedure of the works councils of aufeminin S.A. and Télévision Française 1 S.A. Further, completion of a transaction would require clearance by the competent cartel authorities,” it said.

Other posts by :

1. Bank: SES outperforming
2. AST SpaceMobile confirms 2026 launch schedule
3. AST SpaceMobile: “Good for indoor reception”
4. EchoStar booms on SpaceX holding
5. Norway wants a satellite constellation
6. Crossroads backs AST SpaceMobile
7. FCC examines SpaceX’s 15,000 sat-constellation plan
8. EchoStar: “Severe uncertainty” led to spectrum sales
9. Netflix gets downgrade on Warner Bros move

Categories: Articles, Business, M&A