Forbes Media

Fosun International likely to acquire Forbes Media for less than $250M

China-based Fosun International Ltd is the most likely acquirer of Forbes Media Llc but will be paying less than $250 million for the money management magazine, according to sources interviewed by The Deal Pipeline.

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Forbes attracts Germany's Axel Springer and other bidders -report

New York, US-based firm Forbes Media attracted the attention of six different bidders including Germany-based multimedia company Axel Springer.

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Forbes Media seeks $400 million-plus sale

Owners of Forbes Media is reportedly seeking $400 million to $500 million in its sale. However, sources value the Forbes magazine and publisher at $200 million given its EBITDA of $20 million last year.

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Forbes Media unlikely to lure private equity interest- report

A peHUB report said private equity firms may pass up on the acquisition of Forbes Media which has put itself up for sale for at least USD 400 million.

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Forbes Media hires Deutsche Bank to explore a sale

New York-based financial magazine publisher Forbes Media hired Deutsche Bank to explore the sale of the company, which could potentially be valued between USD400 million and USD500 million.

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