fromBusiness Matters
5 days agoForester de Rothschild to sell 400m stake in The Economist in biggest ownership shake-up in a decade
Lynn Forester de Rothschild is preparing to sell her 20 per cent interest in The Economist, paving the way for the most significant change in the 182-year-old publication's ownership since 2015. The British-American financier, 71, has appointed investment bank Lazard to oversee the process, which remains at an early stage. The stake, made up of voting shares, could fetch as much as £400 million based on current valuations of the premium media group.
Media industry