Former Daily Mail & General Trust chief executive officer Paul Zwillenberg has been approached to advise private equity firm BC Partners in a possible bid for Ascential ’s consumer data unit WGSN, it was reported on Tuesday. The FTSE 250 company Ascential recently called for initial offers for the business, reportedly valued at more than £700m. Sky said neither was expected to hold a continuing role in WGSN should BC Partners successfully take it on, however, citing individuals familiar with the matter. Zwillenberg's role in this deal was piquing interest due to his previous leadership at Daily Mail & General Trust, where he orchestrated its delisting from the London Stock Exchange in 2021. Sky News said BC Partners declined to comment on the matter, while attempts to seek comment from Zwillenberg were unsuccessful.

Source: Daily Mail May 17, 2023 03:09 UTC