AXA postpones sale of Skyrock.com

AXA Private Equity has reportedly postponed the proposed sale of the Skyrock.com blogging platform. Pierre Bellanger, the company's CEO, expects to strengthen Skyrock's position by continuing the development of its mobile access and by pursuing ongoing internationalisation.

Over the summer, Yahoo! had attmpted to acquire the company for $400m, but both Bellanger and AXA Private Equity, which holds a 70% stake in the business, considered the sum insufficient.

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