The sale process of Reed Business is in its final stages, as one of the two bidders left in the fray, Texas Pacific Group/DLJ combo, has dropped out of the bid, according to reports. This leaves Bain Capital as the only bidder and with a shot to buy it following…

We could be approaching the end of the Reed Business Information sell-off saga - and it looks like Reed Elsevier (NYSE: RUK) will either get less than it hoped or pull the sale altogether. Bloomberg, citing two unnamed sources claiming knowledge of the sale process, reports offers for RBI have…

The CEO of B2B publisher Reed Business Information, Gerard van de Aast, is to step down next month and will relinquish his positions on the boards of both RBI and parent company Reed Elsevier (NYSE: RUK), throwing even more uncertainty on the former’s planned divestment from the latter. From December…

Managing to dodge the economy’s bullets in its remaining businesses, Anglo-Dutch science and business publisher Reed Elsevier (NYSE: RUK) told us what we already knew about the struggling efforts to sell its Farmers Weekly publisher Reed Business Information: “The process of divestment ... is at an advanced stage, although, in…

Science and business publisher Reed Elsevier (NYSE: RUK) has announced who will lead the company following CEO Sir Crispin Davis’ planned retirement. Ian Smith starts as CEO-designate on January 1 until Davis finally leaves in March after nine years in charge. Smith comes with chief executive pedigree - he was…

We thought it already sweetened the offer once, but now Reed Elsevier (NYSE: RUK) plans to offer a bigger vendor loan to finance the struggling sell-off of its Reed Business Information (RBI) unit. Reed was already wooing buyers with a $330 million loan, but the divestment is treading water so…

Reed Elsevier’s troubled attempt to sell-off its UK B2B division Reed Business Information appears to be in big trouble with the news that bids for the company since August have fallen about a half-billion dollars, according to Bloomberg. Two unidentified sources close to the deal told the news service the…

Will Reed Business Information ever get the deal it wants? The sale of the B2B arm of magazine publisher Reed Elsevier (NYSE: RUK), one of the biggest and most highly leveraged media deals around, looks increasingly unlikely as the New Scientist and Variety publisher struggles to raise enough money in…

Reed Elsevier (NYSE: RUK) expects the sale of its Reed Business Information trade magazine unit to complete as early as October. In a memo seen by Dow Jones, Marianne van Leeuwen, CEO of the Holland operation, says bids were made for RBI “since last week”. “In the first three weeks…

Reed Business Information, the B2B magazine unit of Reed Elsevier (NYSE: RUK), is moving closer to sale, as the bidding enters the second round, after about 12 bidders in its first round. UBS, the bank for RBI, has invited McGraw-Hill (NYSE: MHP), the parent of BusinessWeek, and PE firm Bain…

B2B publisher Reed Business Information - currently awaiting likely divestment from parent Reed Elsevier (NYSE: RUK) - is throwing open the doors to its online operation, hosting a day-long chat session in which editors from three of its specialist web publications are fielding questions from all comers in a live…

Elsevier, the biggest publisher of scientific, technical and medical information products and part of Reed Elsevier (NYSE: RUK) Group, has bought out Edra, an Italian online healthcare information company with a network of trade and consumer sites and services. Terms of the deal were not disclosed. Edra, based in Milan,…