Apax to Buy Dutch Publisher PCM Uitgevers NV

Posted by Dana Goldstein on May 26, 2004 at 11:01 AM

From thedeal.com: The news could hit today that Dutch publishing company PCM Uitgevers NV has been sold to Apax Partners, a private equity house. The PCM group has been a powerhouse in Dutch journalism - it owns the national dailies de Volkskrant, Algemeen Dagblad and Trouw (which originated as an underground resistance paper during World War II), as well as NRC Handelblad, the Netherland's leading financial newspaper. According to thedeal.com article, an Apax spokesperson said Apax would become a majority shareholder, but this contradicts the reporting of de Volkskrant itself, which reported that Apax was set to purchase 47.5% of PCM Uitgevers NV instead of 63%.

Source: thedeal.com

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