The newspaper is 50%-owned by a group of Dutch investors, with 25% stakes held by Lawson Muncaster, managing director, and chief executive Jens Torpe.
"As a local paper at the heart of the financial universe, the brand is perfectly positioned to expand into new areas and develop new revenue streams that take advantage of the new media landscape."The hunt for a buyer was initially led by FRP Advisory, another specialist restructuring firm. Edited by Andy Silvester - a former public relations executive at The Sun who joined in September 2019 - the newspaper added a four-letter anacronym to Britain's business jargon, in reference to workers who turned up in the office only on Tuesdays, Wednesdays and Thursdays.
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