Monocle Sells Minority Stake to Nikkei Inc. - Baron Mag

Monocle Sells Minority Stake to Nikkei Inc.

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Global business and culture media brand Monocle announced this week that it has sold a minority stake to Nikkei Inc., the Tokyo-based financial news company.
Nikkei's stake was not specified, but according to Monocle, the deal values the brand at more than $100 million.  Continues at foliomag.com