We have also learned that Reed Elsevier has changed its mind on how to sell it. Initially it did not want to sell off various pieces separately, but now at least the U.S. part, RBI-US, will be sold off separately, and multiple parties are aligning their arrows for when the process starts.In my opinion, in the US we will see a group of PE partners join to buy the entire US segment and then carve this up subsequently into smaller chunks. The RBI media titles represent one such chunk which I have mentioned before.
Friday, April 25, 2008
Reed Business to be Broken Up
PaidContent cites inside knowledge that the RBI sale will be broken into bite size pieces.