Monday, 19 March 2012

Emap looks to £100m magazine sell-off - Business News - Business - The Independent

Publishing and events business Emap is understood to have lined up corporate adviser Hawkpoint to sell its trade magazines business, which includes industry-leading titles Nursing Times and Broadcast.

Emap, which is owned by private equity group Apax and Guardian Media Group, met a number of advisers recently over a role to review the business, but Hawkpoint is chief executive Duncan Painter's preferred choice. It is believed that the sale of Emap Inform is the favoured option to reinvigorate the business, as trade titles and their award ceremonies have suffered badly during the downturn.

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