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Gruner + Jahr sells Serbian Paper Blic to the Swiss publishing company Ringier. VCP keeps its 25.1%-stake in Blic Press

Ringier acquires the 74.9%-participation in Blic Press from Gruner + Jahr. Blic publishes Serbia’s largest daily newspaper Blic with a circulation of more than 120,000 copies and approximately 2.2 million readers as well as Blic News, a weekly magazine with more than 200,000 readers. Holding a 25.1%-stake, VCP remains a qualified minority shareholder in Blic Press.
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