Oakley would run Northcliffe for Candover and CVC

Posted by Sarah Lagan on 9 February 2006 at 12:15
Tags: Birmingham Evening Mail, Liverpool Echo, Northcliffe, Trinity Mirror, Yorkshire Post

Experienced newspaper executive Chris Oakley would run Northcliffe Newspapers should the bid between Candover and CVC succeed.

Oakley is former editor of the Liverpool Echo. He was editor in chief of the Birmingham Mail and put in a successful management buyout bid for £125 million and created Midlands Independent Newspapers (now the Birmingham Evening Mail).

MIN was eventually sold to Trinity Mirror. Oakley worked for TM as An executive before returning to regioanl newsdpapers when he bought out the Yorkshire Post and associated titles from United Provincial Newspapers and set up a new company Regional Independent Newspapers.

Venture capitalist group Providence is also in the running to buy Northcliffe.