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£150m bid was made for Johnston Press during sale process

An offer of between £140m and £150m was made for the whole of the Johnston Press group in the weeks before it was sold to JPIMedia in a pre-pack administration deal.

Johnston Press acquired in pre-pack deal

Johnston Press has been acquired in a pre-pack deal by JPIMedia, a newly-formed company controlled by a consortium of Johnston's debt investors led by US hedge fund GoldenTree Asset Management.

Dennis Publishing acquired by Exponent

Dennis Publishing and its 30-plus titles have been acquired by private equity firm Exponent and the proceeds of the deal will fund the development of woodland in Warwickshire.

Reach sees sales boost following N&S deal

Reach is anticipating a revenue increase of 11% for the 26-week period to 1 July, boosted by its near-£200m acquisition of Northern & Shell’s publishing assets, but like-for-like sales are expected to fall.

Culture secretary green-lights Reach/N&S merger

Reach’s near-£200m acquisition of Northern & Shell’s publishing assets has been approved by the Department for Digital, Culture, Media & Sport.

Trinity shareholders approve name change as revenues fall

Trinity Mirror will change its name to Reach next week after shareholders overwhelmingly backed the rebrand at the group’s Annual General Meeting, but sales at the publishing company have continued to slide.

Newsquest to close CN Group printing ops

Newsquest has outlined plans to close the printing operations at the CN Group in Carlisle, which it acquired last week, with more than 30 jobs at risk.

Future buys five Haymarket consumer titles in £14m deal

Haymarket Media Group has sold five of its titles to Future Publishing in a deal thought to be worth up to £14m.

Competition authority probes Trinity's N&S deal

Trinity Mirror has been served a 'hold separate' order by the Competition & Markets Authority (CMA), pending an investigation into risks to press plurality resulting from its acquisition of titles from Northern & Shell.

Ex-COO returns to Trinity Mirror to aid N&S integration

Trinity Mirror is understood to be drafting in its former chief operating officer Mark Hollinshead to oversee the integration of Northern & Shell’s newly acquired titles after shareholders voted overwhelmingly in favour of the deal.

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