AM Online

Motor Trader 'to be sold'

Reed Business Information wants to sell its Motor Trader business-to-business title and is negotiating with Highbury House Communications.

A Motor Trader insider said RBI and Highbury were in the final stages of negotiation. A formal announcement of a deal is expected soon.

According to Media Week, RBI is including Motor Trader in a tranche of business titles for sale - others include Independent Retail News, Electrical Times and Motor Ship. RBI considers Motor Trader to be a non-core title.

The RBI publications for sale last year had a turnover of £9m and profit of about £800,000.

If you are not a registered user your comment will go to AM for approval before publishing. To avoid this requirement please register or login.

Comment as guest


Login  /  Register

Comments

No comments have been made yet.