The Global Media Weekly for executives and entrepreneurs

Axel Springer buys 11.5% of online estate agent Purple Bricks for £125m

B2C digital. Springer – Europe’s leading digital media group – may be keen to acquire £880m, six-year-old UK listed co. Purple Bricks  eventually, esp. after further expansion in US. (Springer already owns real estate digitals in Germany and France).

Purple Bricks