Motor Presse France Buys 6 Titles
June 30th, 2008
Italian publisher Mondadori has finalized a deal to sell six sports magazines to the French publisher Motor Presse France for 8.3 million euros. The magazines included in the transaction are Le Cycle, l’Officiel du Cycle de la Moto et du Quad, Bateaux, Golf Europeen, Golf Magazine and Guides Bel-air. The magazines, published by Mondadori’s French unit, had combined revenues of about 11 million euros last year. Reuters UK (June 30, 2008)