Browsing: I-Net Bridge

Times Media Group has continued offloading assets it deems noncore, reaching an agreement to sell Exclusive Books and Van Schaik Bookstores to a consortium led by Medu Capital for a deal worth R435m. Both companies were identified

Newspaper group Times Media has sold its electronic news wire and finance information service I-Net Bridge to rival McGregor BFA, which is owned by Naspers, for R115m. “I-Net’s future prospects are dependent on being able to compete in a relatively small, proprietary market