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Mohns firm on 25%

Only a quarter of co. to go public

BERLIN — Weighing in on Bertelsmann’s possible initial public offering, Liz Mohn, wife of company patriarch Reinhard Mohn, has made clear that no more than 25% of the company will be made public.

Mohn told Manager Magazin: “My husband, our children and I, we have a clear position, namely that we retain a limit of 25% for external investors. That can be a shareholder, like GBL today, or that can be 1,000 individual shareholders.”

The Mohn family controls 75% of the company and is looking at the possibility of buying out minority shareholder Group Bruxelles Lambert, which is considering a public listing of its 25% stake in Bertelsmann.

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