Sell-off at publishing company backed by AIB

Highbury House Communications, a British magazine publisher supported by loans from AIB, has put its 30 publications up for sale following massive losses.

Ian Kehoe - avatar

Ian Kehoe

7th January, 2006

Highbury House Communications, a British magazine publisher supported by loans from AIB, has put its 30 publications up for sale following massive losses.

The company, which publishes everything from gardening periodicals to soft porn magazines, said the decision came after a review of the group's activities.

Its chief executive, Kelvin MacKenzie, the former editor of the Sun, recently resigned. In a statement to the London Stock Exchange, Highbury said its shareholders were not likely to see...

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