The Mirror Group has formed a consortium with Newsquest and Independent Newspapers in a bid to buy Pearson’s Westminster Press.
Mirror Group’s financial adviser, Financial Dynamics, would not give any detail of the bid but said that a buyer is likely to be found in a few weeks time. All bids have now been delivered to Lazard Brothers, Pearson’s City advisers. Three other bidders are believed to be Trinity International, United News & Media and Northcliffe, the regional newspaper section of Daily Mail and General Trust.
Mirror Group: 0171 293 2000
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