Emap considers break-up option

Radio and magazine group Emap today said it would consider the possible break-up of its business.

The FHM publisher will carry out a review of its structure and portfolio of assets after receiving “various unsolicited proposals” for parts of the group.

It said all options to maximise shareholder value would be examined, including a possible sale or demerger of some or all of its constituent businesses,

Financial institutions Citi and Lazard have been retained by the board of Emap to assist on the review.