Sale process continues for NZ Bauer magazines - News Summed Up

Sale process continues for NZ Bauer magazines


Bauer Media announced it would close its New Zealand titles, including the Listener, North & South and New Zealand Woman's WeeklyEfforts to sell New Zealand's Bauer magazines continue, despite the announcement of new ownership of the company. Mercury Capital also owns Blue Star Group, which includes Webstar, the printer of many Bauer titles. Bauer revealed earlier this year it was closing its New Zealand business and selling off its magazines. READ MORE:* Bauer magazines sold to private equity firm* Bauer extends magazine sale process amid suggestions buyers drifting away* Bauer Media Australia looks to sell again as talks resumeAmong those on the block were NZ Woman's Weekly, NEXT, North & South, The Listener, Metro, Taste, FQ, Your Home & Garden, Simply You, Home, Good Health and Wellbeing and the website noted.co.nz. In a statement, a spokesman said the sales process for the New Zealand titles would continue despite the new business ownership.


Source: Stuff June 18, 2020 01:23 UTC



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