VNU meaning in Business ?

tuteeHUB earn credit +10 pts

Answer:

What is Verenigde Nederlandse Uitgeversbedrijven mean?

Verenigde Nederlandse Uitgeverijen (VNU, literally "United Dutch Publishers", founded 1964) was a Dutch publishing company with products including European consumer magazines, Dutch regional newspapers, business publications in the European and North American markets, and educational publications.

In 1997 VNU acquired the directory publishing business of ITT Sheraton (ITT World Directories) for $2.1 billion; the business was renamed VNU World Directories.

VNU acquired Nielsen Media Research, part of the former AC Nielsen Company, in 1999. It was the owner of the Hungarian business magazine Figyelő in the 1990s.

In 2000, VNU acquired Miller Freeman, Inc. from United News & Media for a reported price of $650 million. VNU merged much of the purchased Miller Freeman assets into VNU Expositions. VNU subsequently divested themselves of a few former Miller Freeman assets.

VNU announced a heavy restructuring of its technology news portal, VNUNet, in February 2001. Ten employees were laid off thanks to the plan. The company disposed of its entire magazine publishing arm later in 2001 to Sanoma for €1.25 million, and sold its newspaper properties to Wegener. Focusing instead on market research and data collection, it acquired AC Nielsen in 2001, recombining the two halves of the former Nielsen business, and added other research and data collection units including BASES, Claritas, HCI and Spectra. In 2006 the company was acquired by a consortium of six investors for €28.75 per share, a sum of €7.5 billion. In the same year, the group hired David L. Calhoun, formerly of General Electric, as CEO.

In 2004, VNU World Directories was sold to Apax Partners and Cinven. VNU sold its business publications division in 2006 for €320m (£210m) to venture capital group 3i, which then sold the UK division (VNU Business Publications Ltd) to Incisive Media.

The company was renamed The Nielsen Company in 2007.

reference
Full Form Category
Vietnam National University Academic & Science
Verenigde Nederlandse Uitgeversbedrijven Business
Virtual Network User Computing
Verenigde Nederlandse Uitgeverijen General
Voice of Northern Utah General
Verenigde Nederlands Uitgeversbeddrijven General
Vehicle Furnished But Not Used General
Voluntarios de las Naciones Unidas Governmental
Vehicle Navigation Unit Governmental
Volontaires des Nations Unies International

Report

Posted on 06 Dec 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.

tuteehub_quiz

Write Your Comments or Explanations to Help Others



webstory list tuteehub
Miscellaneous in Business
webstory list tuteehub
MBA HRM Mcqs in Business
webstory list tuteehub
MBA Finance Mcqs in Business
webstory list tuteehub
Startup Funding
webstory list tuteehub
Career Switching
webstory list tuteehub
Accounting in Business
webstory list tuteehub
Miscellaneous in Business


Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.

open app imageOPEN APP