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Polaris Media ASA ( (DE:93J) ) has shared an announcement.
Polaris Media has acquired VK Media’s 10 percent stake in PNV Media, increasing its ownership of Stampen Media to 80 percent. This move reflects the positive development of Stampen Media since 2019, as it has expanded its portfolio to 16 subscription newspapers and improved its financial performance, indicating a strong market position.
More about Polaris Media ASA
Polaris Media is a prominent player in the news media industry, focusing on delivering news through various platforms. The company has a significant presence in the Swedish market, particularly on the west coast, through its ownership in Stampen Media, which includes several local and regional newspapers.
YTD Price Performance: -0.69%
Average Trading Volume: 39
Technical Sentiment Signal: Sell
Current Market Cap: €358.2M
See more data about 93J stock on TipRanks’ Stock Analysis page.