VNU Business Media Europe Set For $420 Million Sale To 3i: FT

FT is reporting that VNU, the Dutch publisher, is close to a sale of VNU Business Media Europe (VNUBME) to 3i, the private equity group, for more than $420 million. This comes after a few months of deliberations on it.
VNUBME’s assets include UK trade magazines such as Computing and Accountancy Age, and events such as the Holland Art Fair. It also has significant online assets, including tech news site VNUnet in UK and equivalent sites in France, Germany and Italy. Around 25 percent of BME

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