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