Stake in the Economist draws interest


FILE PHOTO: The headquarters of the Economist editorial offices in London, Britain, August 12, 2015. - REUTERS/Peter Nicholls/File Photo

LONDON: The sale of a large stake in the Economist publication is coming to a head this week, as bidders submit expressions of interest by last Friday’s deadline for a 27% stake, three people familiar with the matter say.

At least a dozen parties, including ultra-wealthy individuals and media companies, have already shown preliminary interest, one of the people said.

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