Deals

Axel Springer, the German publishing house that puts out Germany’s largest tabloid, Bild, is said to be considering buying U.S. online news publisher Business Insider

UDG Healthcare confirmed yesterday that it is selling its drug distribution units across Ireland and a unit in its commercial services business to US drug wholesaler and Fortune 500 firm McKesson for €407.5m

Axel Springer, Europe’s biggest news publisher by circulation, has become the latest media group to pull out of Russia after the country passed a law limiting foreign ownership of its media

M Squared Media Ltd has announced its intention to acquire Hairdressers Journal International, Salon International and the British Hairdressing Awards from Reed Business Information (RBI)

Rebekah Brooks is to take charge of her first digital acquisition after returning to News UK with the £58m acquisition of ad platform Unruly Media by parent company News Corp

Special-interest publisher Bonnier Corp., is moving to bolster its Wakeboarding franchise with the acquisition of a provider of online instructional content. With the purchase of Learnwake.com, the Orlando, Fla., company’s title secures what it describes as “the online destination” for wakeboarders looking for videos that help them learn the sport’s finer points

WPP announces that its wholly-owned operating company Ogilvy, the global marketing communications agency, has acquired a majority stake of Jüssi Intention Marketing Ltda. (“Jüssi”), a leading online performance, programmatic and conversion marketing agency in Brazil

UBM Plc is exploring a sale of PR Newswire Association LLC in a deal that could value the distributor of press releases at more than $700 million, according to people familiar with the matter

Hill+Knowlton Strategies, a wholly owned subsidiary of advertising and marketing services giant WPP plc WPPGY acquired a majority stake in Ideal – a Brazilian public relations, advertising, digital and content firm – in an attempt to bolster its presence in the region ahead of the 2016 Olympics in Rio

The publisher of the Daily Mirror and Sunday Mirror already owns a 20 per cent stake in Local World and said it is now considering a deal worth £200 million to acquire the remaining 80 per cent

Publicis Healthcare announced today that it has acquired Tardis Medical

Scranton Gillette Communications is cashing in some of its chips to focus more intently on its core growth markets. The B2B publisher is shuttering its horticulture group, selling two publications and two events to Great American Media Group

In the second major broadcast-legacy media mashup deal of the week, Rupert Murdoch’s 21st Century Fox has taken a majority stake in National Geographic Society’s media assets, including National Geographic magazine, in a deal valued at $725 million

Competition and Markets Authority (CMA) says that there Is or may be case that anticipated acquisition by Reed Elsevier (Uk) Ltd of Jordans Publishing Ltd could result in decrease of competition

In a press release Xerox and inVentiv Health today announced Xerox’s acquisition of inVentiv Patient Access Solutions, an inVentiv Health company

Traditional media giants Media General and Meredith Corp. announced an agreement to merge into a new, even more giant entity that will be known as Meredith Media General. While Meredith, with some of the best-known consumer publishing brands, gets top billing in the agreement, Media General is effectively acquiring Meredith via a cash and stock deal putting its outstanding common stock value at $2.4 billion

In a press release today BLENHEIM CHALCOT and its portfolio company Contentive announced the acquisition of the brands Accountancy Age and Financial Director from Incisive Media

Bankers are preparing a £1bn stock market flotation for Top Right Group, the publishing and events company jointly owned by Apax Partners and Guardian Media Group

According to distributors COMAG Specialist: The first new classic boating title to launch this century, Classic Sailor will be the definitive guide for the classic boating and motor boating world.

Clarion Events has acquired a majority stake in Atlanta-based organiser Urban Expositions as part of its push into the US market