DMGT abandons sale of Northcliffe

Media group Daily Mail & General Trust has abandoned plans to sell its regional newspaper division, Northcliffe Newspapers, because it failed to get the asking price.

Private equity firms Candover and CVC Capital Partners, submitted a joint bid. Candover told Financial News that it had no plans to raise its offer. CVC declined to comment.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions