Associated Newspapers offloads Buy and Sell

IRISH advertising publication Buy and Sell has been sold for €20 million to Naldin, a company connected to Irish investment vehicle Boundary Group, which is headed by Niall McFadden.

It was sold on a debt-and-cash-free basis by Associated Newspapers, who are owned by the Daily Mail and General Trust (DMGT).

The decision to off-load Buy and Sell was announced in January and it was expected to generate much interest from Irish media groups.