Australia-based private equity firm Mercury Capital will be acquiring Bauer Media’s publishing business.
The acquisition includes Bauer Media Australia’s print and digital assets which cover Women’s Entertainment & Lifestyle; Fashion, Beauty & Health; Homes; Food; Motoring & Trader lifestyle categories, Bauer Media said in a statement on Wednesday.
The agreement also includes those brands recently acquired by Bauer from Pacific Magazines and Bauer’s New Zealand mastheads, the Germany-based media group said.
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