Scout24 sets strategic review for autos platform


Objavljeno: 13.8.2019. 0:00:00
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FRANKFURT (Reuters) - German classified listings group Scout24 (DE:), reporting upbeat second-quarter profits, said on Tuesday it would explore options for its autos platform after facing calls from activist investor Elliott to sell the business.

"We have commenced a strategic review of alternatives forAutoScout24 with the objective to enhance long-term shareholder value," said CEO Tobias Hartmann, adding that Scout24 would update investors on the review at a capital markets day on Nov. 26.

Izvor: Investing