Burda Digital SE Proposes Squeeze-Out of New Work SE's Minority Shareholders

On May 7, 2025, Burda Digital SE announced its intent to acquire the shares of minority shareholders in New Work SE. This move would transfer these shares to Burda Digital SE, which holds a 97.07% stake in New Work SE. The cash compensation was set at EUR 105.65 per share, deemed appropriate by a court-appointed auditor.

The transfer, aimed at consolidating Burda Digital SE's control, requires approval at New Work SE's Annual General Meeting on June 23, 2025. The process will be finalized only if this resolution is entered into the commercial register, in accordance with the Stock Corporation Act.