According to a press release, Rhei­ni­sche Post Mediengruppe sold 100 per­cent of the shares in Mafra as well as all Czech sub­sidiaries.

The Mafra group is one of the lead­ing me­dia groups in the Czech Re­pub­lic and publisher of the daily newspapers Mladá Fronta DNES and Li­dové Noviny

In ad­di­tion, Mafra op­er­ates the news por­tal with the widest cov­er­age of the coun­try, iDnes.​cz, as well as nu­mer­ous fur­ther In­ter­net ac­tiv­i­ties, and the Očko TV sta­tion. In­clud­ing the print­ing hous­es in Prague and Olmütz, the com­pa­ny has more than 1,100 em­ploy­ees.

As Karl Hans Arnold, Chair­man of the Board of Man­age­ment of Rheinis­che Post Me­di­en­gruppe, says, the group has "cho­sen to ef­fect this sale based on high­er-lev­el strate­gic con­sid­er­a­tions".  It should allow the group to make more con­sis­tent use of its growth op­por­tu­ni­ties, in par­tic­u­lar in the dig­i­tal busi­ness.

The sale is sub­ject to ap­proval by the car­tel au­thor­i­ties. Information about the selling price has not been disclosed.