Smart European News Publisher Schibsted Buying Big In To Online Classifieds

Oslo-based news publisher Schibsted, whose titles include Aftenposten at home in Norway and 20 Minutes in France and Spain, held its investor day, telling backers that online classifieds is chief amongst its strategic aims.

Indeed, CEO Rolv Erik Ryssdal (pictured) used the occasion to announce he’s buying the 50 percent Schibsted did not already own of French classifieds site, in a deal he says values the site at