PRIME Active Capital (PAC) has sold its Glasgow-based books and journals publishing division, Bell & Bain, in a management buyout deal valued at €2.74 million.

DUBLIN-based investment group Prime Active Capital (PAC) has reported an operating loss of €1.84 million for the first six months of this year, a decent improvement from the €2.65m loss it made for the same period last year.

INVESTMENT group, Prime Active Capital (PAC), which grew out of last year’s overhaul of Dublin-based printing firm Oakhill, has sold part of that original business for nearly €14 million.