The Connect Group is "considering with its advisors" what action to take after private equity from Aurelius failed to buy its Books Division by the... Read more
Private equity firm Aurelius has bought wholesaler and distributor Connect Books from distribution company the Connect Group for £11.6m.
Connect Books’ parent company has sold off one of its businesses for a value of £64.4m.
Connect Books increased like-for-like revenues by 4.8% in the 44 weeks to 2nd July.
A former banker will become the new chairman of The Connect Group in May. The Connect Group, formerly Smiths News PLC, which owns Connect Books,... Read more