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Investing.com -- Lynn Forester de Rothschild is exploring the sale of a significant minority stake in The Economist Group, Bloomberg reports, potentially marking the first ownership change in a decade at the 182-year-old magazine known for its readership among political and business leaders.
The sale process for approximately 20% in voting shares could begin in the coming weeks, with an estimated value between £200 million ($271 million) and £400 million, according to Bloomberg, citing sources familiar with the matter.
Forester de Rothschild has engaged Lazard Inc. as an adviser for the potential transaction. The sale is expected to attract interest from high-net-worth individuals, family offices, and strategic investors looking for opportunities in the premium media sector.
The businesswoman is reportedly conducting this strategic review as part of a broader long-term restructuring of her investment portfolio. However, no final decision has been made, and both the size and specific details of the potential divestment could still change.
The Economist, with its nearly two-century history, remains one of the most influential publications in global business and politics.
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