FT.com: Reed Elsevier sells Nordic division of RBI
October 7th, 2009Posted by Laura Oliver in Editors' pick, Magazines
Reed Elsevier has sold another piece of trade magazine arm Reed Business Information (RBI). The group’s Nordic arm has acquired by private equity firm GMT for around €10 million, the FT reports.
Reed failed to sell RBI as a whole unit last year.
It has since sold its travel publishing division TWgroup and announced it will offload some of its US controlled circulation titles.
Tags: RBI, Reed Business Information
