The private equity owners of the world famous publisher, the Guinness Book of World Records have put up their business for sale and the tag says £60m. Hit Entertainment which also owns brand like Bob The Builder and Pingu, is owned by private equity company Apax. It was brought five years back from Gullane Entertainment. Hit has also hired US investment bank Jefferies to advice on the sale.
Guinness Book of World Records is just out with its 53rd edition and the books have been selling like pancakes in the light of Christmas Eve. Through the decades, Guinness has been known to keep an eye on the weirdest and the bizarre. Where the list of the records and record holders has been increasing the fate of Guinness hangs in middle!
Source: Telegraph
Image credit: CLF
