Image by birdfarm via Flickr The valuation of Reed Business Information (RBI) has fallen following the economic slump. RBI’s inital valuation was £1.25bn and bids below £1bn are now reportedly being considered.
October 10, 2008 by Jonathan Lloyd
Image by ●๋• Cishore ♥ via Flickr According to a report today from Bloomberg, bids for Reed Elsevier Plc‘s trade magazine division have slumped, reportedly from $2.3 billion in August, to $1.7 billion. Banks are struggling to finance the deal because of the credit crunch. Related articles by Zemanta RBI Sale At Risk Of Falling… [Read more…]
October 8, 2008 by Jonathan Lloyd
Image by birdfarm via Flickr The sale of Reed Business Information looks in the balance with uncertainty now surrounding the financing of the deal. With the treturous credit market conditions, it would be no suprise if this falls through. It’s one of the few live sales in the media sector and its collapse would have… [Read more…]
October 23, 2008 by Jonathan Lloyd
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