The TF1 Group announce a binding offer to acquire the aufeminin Group
(WorldNews France)

BINDING OFFER BY THE TF1 GROUP TO ACQUIRE THE AUFEMININ GROUP, 78.4% OWNED BY THE AXEL SPRINGER GROUP The TF1 Group (Euronext Paris: ISIN FR0000054900) and the Axel Springer Group (DE0005501357 SPR) announce the submittal of a binding offer to acquire, by the TF1 Group, the majority interest held by the Axel Springer Group (78.4% of the capital) in the aufeminin Group (2016 revenue of EUR107.3m and EBITDA of EUR24.7m - Euronext Paris, compartment B - ISIN: FR0004042083, ticker: FEM), at a price of EUR38.74 per share (subject to customary adjustments at the completion date) and in return for an exclusivity. Once this acquisition has been completed, the TF1 Group will file a mandatory simplified...