VLT, part of Stampen Media Group, divests Mitt i newspaper group to Segulah
VLT AB, a company within the Stampen Media Group, has divested Lokaltidningen Mitt i Stockholm AB to the private equity fund Segulah IV. The transaction is subject to approval by the competition authority and is expected to close later this summer.
Lokaltidningen Mitt i Stockholm publishes 31 local newspapers in the Stockholm region reaching approximately 900,000 readers every week and generated revenues of SEK 300 million in 2013.
VLT was advised by Mannheimer Swartling in the transaction. The firm’s team included Emma Olnäs Fors, Magnus Prick and Sara Frykman. Olof Stenström was responsible for financing matters and Clas Nyberg for matters related to the shareholders.