The World: Amsterdam - VNU Group to sell off Business Media Europe

VNU Group, the Dutch media company, has announced it intends to sell its Business Media Europe group.

The group has operations in The Netherlands, UK, Germany, France, Italy, Spain and Belgium through seven wholly-owned companies.

It has more than 70 trade magazines and a range of associated websites.

In a statement, the company said it is considering alternatives for BME "because its activities are not well aligned with VNU's Marketing Information and Media Measurement businesses".

It is understood that VNU's Business Information group in the US will not be part of the potential sale.