Sanoma Oyj (HLSE:SAA1V) has announced that it is looking for a buyer for its Belgian magazines. Sanoma's portfolio includes magazines such as Marie Claire, Libelle, Vitaya, Story and Flair, specialist websites and De Vijver Media, among others. Aimé Van Hecke, Chief Executive Officer of Sanoma Media Belgium N.V./S.A. (SMB) indicated that the decision will not lead directly to job losses.

The official stated, “All options are open”, those range from individual sell-offs and joint ventures to a complete sell-out of the local properties. Chief Executive Officer of Corelio nv, Luc Missorten said in the week ending on October 31, 2013, that the company would wait and see. “Our opinion will be formed on the basis of the proposals that are put on the table,” he said, asked if Corelio would consider increasing its stake in De Vijver.”