KKR to buy U.K. Auto Trader?

31 Dec 2012

Speculation about the future of the U.K.’s Trader Media Group (TMG) is boiling up again in the wake of a Sunday Times report that U.S. private equity giant Kohlberg Kravis Roberts (KKR) is considering a £1.8bn bid for the whole of TMG.

TMG is currently jointly owned by the Guardian Media Group  (GMG owns 50.1 per cent) with Apax Partners, the private equity group, controlling the rest.  Specula

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Steve Shipside

Steve Shipside has been a technology and business journalist since 1990. He has written for numerous daily newspapers (Guardian, Times, Telegraph etc.), websites (including the BBC), and TV (he was a presenter for the Blue Chip business program on Sky TV). Over the years he has written just about everything from celebrity chef interviews for Healthy Eating magazine to Spice Girls profiles for French fashion magazine Citizen K. His specialty, however, is communications and marketing, which is a subject that he covered extensively for Wired as well as trade titles Campaign, Ads International, and Revolution. He has also published books on e-marketing (Capstone), presentations (Dorling Kindersley), communicating effectively (DK), and CVs (Dummies guides). He is based in Paris and London and writes news, features, and analysis on the U.K. and French markets for the AIM Group, as well as training French newspaper journalists in the dark arts of social media.