Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

HMV May Finalize Book Unit Sale to Mamut This Week, Times Says

April 24 (Bloomberg) -- HMV Plc may complete the sale of its Waterstone’s bookstore chain to Russian billionaire Alexander Mamut for 35 million pounds ($58 million) this week, the Sunday Times reported, without saying where it got the information.

That’s about half what HMV hoped to sell the business for, the newspaper said. Tim Waterstone, founder of the U.K. book chain, may work with Mamut if the bid is successful, according to the report.

Nick Cosgrove, an outside spokesman for the company, declined to comment in an e-mail.

To contact the reporter on this story: Thomas Biesheuvel in London at tbiesheuvel@bloomberg.net.

To contact the editor responsible for this story: Amanda Jordan at ajordan11@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.