INM takeover could see distribution arm offloaded and print operation closed

Independent News & Media (INM) may offload its distribution arm as well as closing its printing operation at Citywest as part of any takeover of the company, the prospect of which is looking increasingly likely this weekend.

Attention is focusing on possible British buyers, given their level of familiarity with the Irish media market and the cost savings that could be extracted. Market sources pointed to Rupert Murdoch’s News UK and the billionaire ...