BBC Worldwide, the commercial arm of the BBC, has selected Exponent Private Equity as its preferred strategic partner for BBC Magazines.
This follows a competitive tender process started in 2010. BBC Worldwide’s decision to move to exclusivity with Exponent has been approved by the BBC Trust.
Discussions will continue with Exponent, with a view to completing an agreement this summer.
UK, London
Related articles:
- More trades exit the race to buy the magazine division of BBC Worldwide Posted on April 7, 2011
- Bauer closes in on BBC Magazines as Future and Burda drop out Posted on March 31, 2011
- Future Publishing emerges as a contender for BBC Worldwide’s magazine division Posted on February 24, 2011
- BBC Worldwide seeks a partner for its magazine division Posted on April 13, 201
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