Gunter Thielen Quotes (7 Quotes)

We have made the necessary efforts in the last years to prepare for a possible IPO.

In short, we're prepared for an IPO. Bertelsmann has developed strongly in the last years and increased its profits considerably. Our divisions hold leading positions in their markets. Bertelsmann is an exciting company with a promising future.

While other global media companies are struggling with transition and the search for strategic and structural reorientation, the cornerstone of our traditional strategy has once again proven its worth,

We are prepared for an IPO. Bertelsmann has developed strongly in the last years and increased its profits considerably.

The deal is based on a 50-50 valuation of the two assets, and there will be no cash payment, ... We have combined our assets with Sony's because we believe music will remain one of our core businesses.

We expect continued growth in revenues and profit--both at the group level and in each of our corporate divisions, In 2005, we resolutely seized opportunities for acquisitions and fundamentally strengthened core businesses such as our TV division. We will build on this strong foundation to step up our investments in new growth markets and in emerging digital-media businesses.

We at Bertelsmann are resolutely staying our course of systematically building our business. The continuity of our company is secure,