Northcliffe Agrees to Sell Seven Weeklies to KM Group

By: Roy Greenslade | Guardian.co.uk

Northcliffe Media has agreed to sell off a raft of titles in Kent to the county’s biggest newspaper publisher, the family-owned KM group.

KM, facing possible competition problems, is therefore making a formal submission to the Office of Fair Trading (OFT) about its intention to buy the papers.

The proposed acquisition will now be subject to a 40-day investigative process by the OFT. It will be viewed by all regional publishers as a test case to see whether greater consolidation will be allowed under current rules.

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