Around the Net

GMG Readying To Sell Off Auto Trader?

  • The Drum, Tuesday, January 1, 2013 1:40 PM

Private equity investors are understood to have made a number of informal approaches for Trader Media Group, the Auto Trader subsidiary of Guardian Media Group. Interest in the group was sparked last month when GMG held talks over a possible sale to co-owners, Apax Partners. By selling off its 50.1% stake in Trader Media Group GMG stands to raise up to £600 million.

Read the whole story at The Drum »

Next story loading loading..

Discover Our Publications