Affects: Readers tracking XM corporate, staffing and operational developments
Costas Cleanthous, identified as XM's co-founder and majority owner, acquired control of Cyprus publishing group Phileleftheros. The source describes the transaction as a personal investment; financial terms and future plans were not disclosed, and XM itself was not presented as the buyer.
Key points
- The acquisition concerns XM's owner, not the brokerage entity.
- Phileleftheros operates newspapers, magazines and digital properties.
- Deal value and operating plans were not reported.
What this means
Readers tracking XM corporate, staffing and operational developments
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Editorial note
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