Publisher Infinitas extends debt after sale of Noordhoff Uitgevers unit falls through

Textbooks 230x150
By Olivier Holmey
03 Apr 2014

Dutch educational publishing company Infinitas is extending about €330m of outstanding loans to 2016, after aborting the sale of one of its divisions because of insufficient bids.

Infinitas’s owner Bridgepoint tried to sell the group’s textbook publisher Noordhoff Uitgevers in the second half of last year. But that auction has now been stopped, as bids failed to meet Bridgepoint’s price expectations. Private equity firms and trade buyers had submitted separate takeover proposals for Noordhoff.

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