NEWSWATCH: BDlive reports that the family that owns RamsayMedia has sold its remaining stake to Caxton.
(Image extracted from the RamsayMedia website)
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BDlive: RamsayMedia sells its remaining stake to Caxton... RamsayMedia, one of SA's top publishers... of such titles as Getaway, Car and Popular Mechanics ... is reported to have confirmed it is selling its remaining 70% stake to Caxton for an undisclosed amount.A figure of R70m has been bandied about, but the parties are thus far declining to disclose the actual figure.
Rod Baker is Content Director at Bizcommunity.com. A journalist since before computers, he worked on a wide range of magazines and, in his youth, rose through the ranks from being a lowly and abused sub-editor, to a high and still abused editor and publisher. He has been editor and publisher of a number of magazines, as well as a newspaper. He has edited many books, and written a number too. Email him at moc.ytinummoczib@dor.
