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Forester de Rothschild Said to Explore Sale of Stake in The Economist Group

Lynn Forester de Rothschild is exploring a sale of a significant minority stake in The Economist Group, marking the first ownership shake-up in a decade at the 182-year-old magazine read by both the political and business elite.

A sale process for around 20% in voting shares could kick off in the coming weeks and fetch about £200 million ($271 million) to £400 million, according to people familiar with the matter, who asked not to be identified because discussions are private. Forester de Rothschild is working with adviser Lazard Inc. and any sale is expected to attract high-net-worth individuals, family offices and strategic investors looking for deals in the premium media sector, the people said.