Campaign India Team
Sep 23, 2013

ABP sells Businessworld

Fortnightly bought by media entrepreneur Anurag Batra and investment banker Vikram Jhunjhunwala ‘on behalf of some undisclosed investors’

ABP sells Businessworld

ABP Group has offloaded its fortnightly business magazine for an undisclosed amount.

An official statement informed that Exchange4media Group's Anurag Batra and investment banker Vikram Jhunjhunwala have bought the title ‘on behalf of some undisclosed investors’.

DD Purkayastha, MD and CEO, ABP, said, “We have divested Businessworld business. The brand and the publication will continue under the new owners with Prosenjit Datta as the editor.”

Businessworld began publication in 1981. The magazine went fortnightly in February 2013.

Campaign India

Related Articles

Just Published

11 hours ago

Blog: The fascinating story of Brooks Brothers and ...

Brooks Brothers, best known for being the couturiers who outfitted 41 of the 45 American Presidents, filed for bankruptcy last week in the US. The author looks back at their journey...

14 hours ago

Spotify reaches out to international music fans in ...

Watch the films conceptualised by Leo Burnett here