Bertelsmann to double investments in China, India and Brazil to €1bn

bertelsmann to double investments in china, india and brazil to €1bn

Recent News Source: Financial Times Post Date: 11/13/2016

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11/13/2016 Bertelsmann, Europe’s largest media group by sales, plans to double its investments in China, India and Brazil over the next three to five years to €1bn as it diversifies away from its home market in Europe.

In an interview, chief executive Thomas Rabe said the company currently generated €500m of its revenues from growth regions such as China and planned to increase that to more than €1bn, partly through acquisitions.