Competitive
London

Exponent Private Equity selected as preferred strategic partner by BBC Worldwide.
BBC Worldwide has chosen Exponent Private Equity as its preferred strategic partner for BBC Magazines.
The decision comes after a competitive tender process, which started last year. The move has been approved by the BBC Trust.
Discussions will now continue with Exponent, with a view to completing the deal by the summer.
In 2009/10, BBC Magazines made £18.4 million profit on sales of £163 million.