Bauer Media UK has agreed with Times of India to acquire the Absolute Radio business, subject to regulatory clearance. The deal is believed to be worth around £22m.
 
Paul Keenan, CEO, Bauer Media UK, said, “We are looking forward to working with the award-winning team at Absolute Radio and have great respect for what it has achieved.  We are excited about welcoming this complementary music radio business with renowned digital assets into Bauer.”
 
Donnach O’Driscoll, CEO, Absolute Radio, ...