BSR
BSR
  • Home
  • Distressed Businesses
    • All Distressed Businessess
    • Administrations
    • Liquidations
    • Winding Up
    • Insolvency Advice  New
  • Buy a Business
    • All Businesses for Sale
    • Find a Business for Sale
    • Raising Business Finance
    • Buyer Acquisition Service   New
    • Escrow Service   New
  • Sell a Business
    • Sell Your Business
    • Seller Accounts
    • Need Help Selling?
    • Help With Finance New
    • Business Valuation
    • Business Wanted Adverts
  • Insights & News
    • View All News
    • View All Insights
  • Off-market
    • Source deals
  • Log In
  • Join Now
Join now
11111111

Home / News / Trinity Mirror in talks to acquire Local World

Trinity Mirror in talks to acquire Local World

Wed, 16 Sep 2015 | MERGER

Trinity Mirror in talks to acquire Local World

The Trinity Mirror company has confirmed that it is currently in talks with Local World regarding a potential acquisition or merger between the two newspaper companies.

The group is seeking greater scale in order to address its falling advertising revenues and sees the takeover of Local World as a positive move towards this end.

Markets welcomed the news, which broke over the weekend, and shares in Trinity Mirror were up seven per cent in Monday trading as they reached a one-month high.

At the moment, the matter is still at the stage of discussion, but should things go ahead then it could well see the creation of the UK's largest regional newspaper group. Local World operates around 100 newspapers at the moment and had considered an IPO earlier this year, but the interest from Trinity Mirror appears to have been seen as a favourable alternative.

The move comes as a recent report has highlighted that 'hyperlocal' journalism is gaining momentum. Commissioned by Cardiff University's Centre for Community Journalism and innovation charity Nesta and written by Damian Radcliffe, the report said that there are now 400 active hyper local websites and over 1,000 local newspapers.

However, these groups are finding themselves challenged both by training matters and financial resources and as a result, more mergers in the sector are expected.

Mr Radcliffe commented in Journalism.co.uk: “Mergers, content sharing initiatives and closer collaboration are going to be an increasing reality at a local as well as national level, especially in geographic areas where companies aren't necessarily in competition with one another.”


Find out more about buying a business.


Share this article



Latest Businesses for Sale

E-commerce Supplier of Coffee Products
UK Wide

The company produces and supplies a wide range of coffee products created using ethically sourced beans from South America. The core products comprise wholebeans, grounds, single-origin roasts, blends, cold brews and compostable pods.

Asking Price: £300,000
Turnover: £200,000

LEASEHOLD


Mediterranean & English Cafe Restaurant
South East, UK

The business was first established by the owner in 2019, building up an excellent reputation during its time of trading. As seen by some online ratings and reviews, the business is extremely popular within the local area.

Asking Price: Offers Invited
Turnover: £390,000

LEASEHOLD


Manufacturer & Supplier of Day Surgery Tables
UK Wide

The company offers a variety of day surgery tables, all of which are manufactured with reliability, performance and manoeuvrability in mind. The family-run business supports all clients post-sale with planned preventative maintenance solutions, offer...

Asking Price: Offers Invited
Turnover: £400,000

RELOCATABLE



View more businesses for sale

News Search

Latest News

 
03
 
Feb
 

Social media marketing firm acquired at up to 41.6x operating profit | BUSINESS SALE

Manchester-based social media and influencer marketing agenc...

 
03
 
Feb
 

Pub group planning to sell 1,000 sites as pressures on hospitality mount | COMMERCIAL PROPERTY

Stonegate Group, the UK’s largest pub company, is repo...

 
02
 
Feb
 

Babble hits 12 acquisitions in a year with double takeover | BUSINESS SALE

London-based cloud technology firm Babble has continued its ...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
03
 
Feb
 

Pub group planning to sell 1,000 sites as pressures on hospitality mount | COMMERCIAL PROPERTY

Stonegate Group, the UK’s largest pub company, is repo...

 
03
 
Feb
 

Social media marketing firm acquired at up to 41.6x operating profit | BUSINESS SALE

Manchester-based social media and influencer marketing agenc...

 
02
 
Feb
 

US group snaps up UK conferencing and events spaces provider | BUSINESS SALE

Etc Venues, a UK-based provider of conferencing and events s...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news

logo
Our Services Distressed Businesses
  • Businesses for Sale
  • Distressed Companies
  • List a Business
  • Help with Finance
  • Buyer Acquisition Service
  • Small Businesses for Sale
Company Buy a Business
  • About BSR
  • Pricing
  • Insights
  • News
  • FAQs
  • Reviews
Get In Touch
020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm
About BSR
Business Sale Report is the UK's leading
independent business for sale & distressed business listing service.
Established in 1995, BSR offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.
Subscribe

Subscribe to our newsletter to receive news about the latest businesses for sale.

  • Terms
  • Privacy
  • linkedin
  • facebook
  • twitter
© 1995-2023. Business Sale Report Ltd. All rights reserved. www.business-sale.com.