View all newsletters
Sign up for our free email newsletters

Fighting for quality news media in the digital age.

  1. Archive content
September 25, 2003updated 17 May 2007 11:30am

Bids start flying for Trinity titles

By Press Gazette

Independent News and Media, in conjunction with UK equity firm Provident Capital, has made a €57m (£39.5m) bid for the Northern Ireland titles of Trinity Mirror Group.

Thomas Crosbie Holdings, owner of the Irish Examiner and the Sunday Business Post, is also believed to have made a bid for the titles, including the Newsletter, which has been excluded from the Independent bid. The latter already owns The Belfast Telegraph and it is likely that the acquisition of the Newsletter would be blocked by the competition authorities.

The Trinity newspapers comprise Century Newspapers and the Derry Journal Group. Provident Capital is believed to be putting up most of the capital for the Independent bid.

Several leading Northern Irish businessmen and politicians are showing an interest in the staunchly-unionist Newsletter, according to some reports, including Ulster Unionist MP David Burnside, who unsuccessfully bid once before.

Other companies showing interest are Archant, formerly involved with the defunct Dublin Daily, Scottish Radio Holdings and venture capitalists 3i, advised by ex-Mirror Group chief executive David Montgomery.

By Des Cryan in Dublin

Content from our partners
MHP Group's 30 To Watch awards for young journalists open for entries
How PA Media is helping newspapers make the digital transition
Publishing on the open web is broken, how generative AI could help fix it

Email pged@pressgazette.co.uk to point out mistakes, provide story tips or send in a letter for publication on our "Letters Page" blog

Select and enter your email address Weekly insight into the big strategic issues affecting the future of the news industry. Essential reading for media leaders every Thursday. Your morning brew of news about the world of news from Press Gazette and elsewhere in the media. Sent at around 10am UK time. Our weekly does of strategic insight about the future of news media aimed at US readers. A fortnightly update from the front-line of news and advertising. Aimed at marketers and those involved in the advertising industry.
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy Policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network