Marie Claire and NME publisher makes Time for £200m Epiris bid

The publisher of some of Britain’s best-known magazine titles, including Country Life, Marie Claire and NME, is in talks to sell the business to a former owner of the media-buying group‎ Aegis.

Sky News has learnt that Epiris, a private equity firm, is in discussions with advisers to Time Inc, the US-based media company, about a takeover of its British ‎magazines arm.

The discussions are understood to ‎have been underway since before Time announced last week that it was exploring options for the unit. Media industry sources said that the headline value of a deal for the British operations, which were previously ‎called IPC Media, was likely to be in the region of £200m.

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