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New European owner Archant gives short deadline to bidders

New European owner Archant gives short deadline to bidders
Friday 10
17:0 2020

The publisher of the anti-Brexit newspaper The New European has asked bidders to table offers before the end of next week as it races to secure new funding amid an industry-wide crisis. Sky News has learnt that prospective investors in Archant have been given a deadline of 16 July to table indicative bids for the company. Sources said on Friday that the newspaper veteran David Montgomery would be among those to submit an offer through his listed vehicle, National World. Several financial investors are also examining bids, although Reach, the Daily Mirror publisher which this week axed 550 jobs as ...

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Read more from Sky News : New European owner Archant gives short deadline to bidders
Sky News : New European owner Archant gives short deadline to bidders

Summary: The publisher of the anti-Brexit newspaper The New European has asked bidders to table offers before the end of next week as it races to secure new funding amid an industry-wide crisis.

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