NL - 3i to acquire Business Media Europe from VNU

BME focuses on the recruitment sector, as well as technology, business and finance, delivering news and information through more than 70 print titles, including brands such as Intermediair, Computing, Computable, Accountancy Age and Management Team. On-line, BME’s Intermediair Online and Nationale Vacaturebank brands also have a substantial market position. Overall, BME has the leading position in the print and on-line recruitment market in The Netherlands.

The proposed acquisition includes BME’s operations in The Netherlands, the United Kingdom, Belgium, Germany, Italy and Spain. The proposed sale of BME’s business in France is still under discussion. The agreement is subject to compliance with all applicable employee consultations and regulatory clearances, and is expected to complete during February 2007.

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