Equity Firms Line Up For Reed Elsevier Trade Pubs

  • September 2, 2008
Several private equity firms including Apollo Management, Bain Capital, Candover, Cinven Permira, and Texas Pacific are weighing bids to acquire the trade magazine unit of Reed Elsevier PLC, which publishes Variety and other publications. German publisher Gruner & Jahr also is considered a potential strategic bidder for the Reed Elsevier publications, which could fetch as much as $1.8 billion.
Next story loading loading..