Reader’s Digest sold

The UK subsidiary of the Reader’s Digest magazine has been bought by Better Capital, Jon Moulton’s new turnround private equity group, says the Financial Times, with the administrators expected to announce the deal later on Friday.

The Guardian has put the value of the deal at £13m.

Advertisements

Tags:

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: