Bertelsmann subsidiary – Majorel should go public – economy


The Bertelsmann group wants to bring part of its service division to the stock exchange. The company Majorel, in which the group has a 50% stake, announced on Tuesday in Luxembourg that it was aiming for a listing on the Amsterdam stock exchange in the second half of the year. “Even after the private placement, Bertelsmann will remain a strategic shareholder of Majorel, together with partner Saham,” said Bertelsmann boss Thomas Rabe, according to a statement from the group. The media, services and education company holds 50 percent of the shares in Majorel, the other half in the Moroccan Saham Group. Majorel came into being at the beginning of 2019. Bertelsmann and Saham entered into a partnership and merged some of their business units to create a leading provider of customer service services in the area of ​​customer experience.

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