BMG publishing is up for sale
Wednesday, May 31, 2006
The international media company Bertelsmann aka BMG is looking for some financing, ie is up for sale. Currently the group has gathered together Barclays Capital, BNP Paribas, Deutsche Bank AG and The Royal Bank of Scotland plc as Mandated Lead Arrangers, Underwriters and Bookrunners to lend them a fiver or €4.5 billion or so.
I smell the sweet sound of Boardroom retirement.