Guardian Media Group and Apax land Emap B2B division

by Daniel Farey-Jones, Brand Republic 21-Dec-07, 15:30

LONDON - Emap has agreed to sell its business-to-business division to Guardian Media Group and Apax for around £1.3bn, only days after stating the business was off the auction block.

Emap: Guardian buys B2B arm

Emap: Guardian buys B2B arm

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News Items: Raymond Snoddy on media: Emap's sale brings a tear to the eye; Apax in lead for Emap B2B division; Emap sells magazines and radio divisions to Bauer for £1.14bn; GMG and Apax hire Informa chief to lead Emap; Apax writes off investment in Emap

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