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Bertelsmann

December 12, 2020

Bertelsmann books Simon & Schuster for $2.175 billion, Bombardier private jet sales soar in the coronavirus age, Walmart offers to give Covid-19 vaccinations.

Bertelsmann books Simon & Schuster for $2.175 billion

German media family business Bertelsmann has acquired publishing house Simon & Schuster for $2.175 billion from the US Redstone-family-owned media company ViacomCBS.

Bertelsmann, the international media, services and education company, said it was further expanding its global content businesses in the US, its second-largest market, with the deal for the publisher of Hillary Clinton, John Irving, Stephen King and Bob Woodward.

September 14, 2012

German media conglomerate Bertelsmann “is growing too slowly”, said its chief executive on 13 September as he announced plans to reshape the family business. 

German media conglomerate Bertelsmann “is growing too slowly”, said its chief executive on 13 September as he announced plans to reshape the family business.

Non-family Thomas Rabe said, following a two-day meeting with 500 of the group’s executives, the company had decided to focus on four strategies including strengthening the core businesses, developing its digital side and increasing market share in emerging markets.

August 22, 2012

A change in Bertelsmann’s legal structure will give the family business “maximum flexibility” to bring in outside investors, while allowing the Mohn family to retain control of the German media conglomerate, a company spokeswoman told CampdenFB.

A change in Bertelsmann’s legal structure will give the family business “maximum flexibility” to bring in outside investors, while allowing the Mohn family to retain control of the German media conglomerate, a company spokeswoman told CampdenFB

March 29, 2012

German media conglomerate Bertelsmann, controlled by the Mohn family, will consider either listing on the stock exchange or bringing in private equity investment in a bid to access finance for growth.

German media conglomerate Bertelsmann, controlled by the Mohn family, will consider either listing on the stock exchange or bringing in private equity investment in a bid to access finance for growth.

That’s according to a spokeswoman for the family business, who told CampdenFB that a decision hasn’t been made on “how or when” Bertelsmann will bring in outside investors.

December 6, 2011

Bertelsmann, the German media company controlled by the Mohn family, has established a group management committee in a bid to strengthen its business decisions.

Bertelsmann, the German media company controlled by the Mohn family, has established a group management committee in a bid to strengthen its business decisions.

This is the first act of designated chairman and chief executive Thomas Rabe, the group’s current financial officer who will take on his new roles on 1 January 2012.

October 11, 2011

Bertelsmann, the German media conglomerate owned by the Mohn family, has appointed its chief financial officer, Thomas Rabe, as the group’s new chairman and chief executive.

Bertelsmann, the German media conglomerate owned by the Mohn family, has appointed its chief financial officer, Thomas Rabe, as the group’s new chairman and chief executive.

The 46-year-old will replace Hartmut Ostrowski, who resigned for personal reasons and will move to the supervisory board, the company said in a statement.

Rabe joined the company in 2000, when he became finance chief of RTL Group, the European broadcasting giant owned by Bertelsmann. In 2006, he moved to the same position at Bertelsmann.

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