Music publisher Chrysalis has accepted a joint cash offer from Kohlberg Kravis Roberts (KKR) and German media group Bertelsmann in a deal that values the British company at £107.4 million.
Specialist food retailers are gaining some of the greatest financial returns on capital, according to a UK league table published by CCH, an accounting and tax information provider.
Some 38 per cent of owner-managers spend over 45 minutes a day in long-winded conversations with suppliers, customers, colleagues and partners, finds a survey
Private equity firm Oakley Capital Investments has acquired a 50 per cent stake in the publisher of Time Out magazine with plans to expand the group's digital presence.
