Sale of Reader's Digest to Better Capital
Argyll Partners acted as lead advisor on the sale of Reader’s Digest UK to private equity fund Better Capital. Argyll Partners managed an accelerated sale process which attracted over 100 expressions of interest from around the world and acted alongside the Administrator to agree legals with the preferred bidder.
Reader’s Digest
American general-interest family magazine
Deal highlights
sale of loss making £70 million turnover UK arm of Reader’s Digest
acted on behalf of the Administrators Moore Stephens