Ringier AG entered into an agreement to acquire unknown majority stake in Ringier One Africa Media from SEEK Limited, Ceatonia Limited and Jabavu Limited.

Ringier AG entered into an agreement to acquire unknown majority stake in Ringier One Africa Media from SEEK Limited (ASX:SEK), Ceatonia Limited and Jabavu Limited on December 2, 2022. The closing of transaction is subject to regulatory approval. The deal is expected to close in 2023.