NEWS27 February 2018
UK – Time Inc UK, magazine and digital publisher of titles including Marie Claire, Country Life and NME, has been sold to private equity company Epiris.
US media company Meredith Corporation, which acquired Time Inc UK in January 2018 as part of its acquisition of owner Time Inc, announced it has entered into a binding agreement to sell the company to Epiris.
Time Inc had been in the process of selling its UK arm prior to the acquisition by Meredith.
Founded in 1968, Time Inc UK’s publishing company’s portfolio includes over 50 brands.
According to a report in the Guardian, Epiris is expected to explore the sale of a number of titles, make cuts to Time Inc’s workforce and look to make further acquisitions in UK publishing.
The transaction is expected to close by the end of the first quarter of 2018. Barou Advisers and Herbert Smith Freehills LLP are advising Meredith on the deal.
The world's leading job site for research and insight
Resources Group
Data Analytics Innovator (Market Research) – International Digital Insights Consultancy
£45,000–12 month FTC
Resources Group
Associate Director – Consultancy in Customer Experience & Engagement
£45–55,000 + great benefits
Spalding Goobey Associates
Senior Quantitative Consultant (RM/AD) – Strategic Growth Consultancy
£45 – 65,000 + Bens
Featured company
-
Town/Country: London
Tel: +44 (0)20 7490 7888
Kudos Research are leading providers of premium quality UK and International Telephone Data-Collection. Specialising in hard to reach B2B and Consumer audiences, we achieve excellent response rates and provide robust, actionable, verbatim-rich data. Methodologies include CATI, . . .
© Copyright 2023 Research Live
0 Comments