14th Sep 2015 06:43
LONDON (Alliance News) - Trinity Mirror PLC Monday confirmed it is in talks with Local World Holdings Ltd for the potential acquisition of the shares in the company it does not already own.
It noted that there can be no certainty any agreement will be reached, and said it will make a further announcement will be made if and when it is appropriate.
Local World is a regional media newspaper publisher, with more than 100 print titles and 70 websites. Daily Mail and General Trust PLC, which owns a 38.7% stake in Local World, noted the announcement by Trinity Mirror.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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Related Shares:
Trinity Mirror PLCDMGT.L