Sanoma announced the divestment of its general literature operations to the Swedish media group Bonnier on 29 April 2011. The Finnish competition authorities have given their approval of the transaction. The closing of the transaction is expected during the autumn.

Sanoma inspires, informs and connects. As a diversified media group, we bring information, experiences, education and entertainment to millions of people every day. We make sure that quality content and interesting products and services are easily available and meet the demands of our readers, viewers and listeners. We offer a challenging and interesting working environment for nearly 20,000 people in over 20 countries throughout Europe. In 2010, the Group's net sales totalled EUR 2.8 billion.