Bauer Media Group Sells Australian, New Zealand Titles (mediapost.com)
German-based Bauer Media Group has sold the print and digital assets of the magazines it operates in Australia and New Zealand, to Australian private equity firm Mercury Capital. The firm’s newly expanded portfolio includes 43 brands across women’s entertainment and lifestyle, fashion, beauty and health; homes; food; motoring and trader lifestyle categories. Titles include the Australian and New Zealand Women’s Weekly, Harper’s Bazaar Australia, Elle Australia and New Zealand Listener, among others. The deal also includes Pacific Magazines, which publishes Better Homes & Gardens, New Idea and Marie Claire.