UK - Final furlong in chase for Racing Post

Exponent and Veronis Suhler Stevenson have tabled a joint bid for Racing Post a Trinity Mirror publication. NM Rothschild is running the auction process and has set a deadline of May 16 for offers to be received. Sheikh Mohammed bin Rashid al-Maktoum, the joint ruler of Dubai, sold Racing Post to Mirror Group Newspapers for a nominal ТЃ1 in 1997 and it is believed he retains the right to veto any potential sale. Profits at Racing Post fell by 12.6 per cent last year, to ТЃ15.2m.