Date Posted: Thursday 19th October 2017
US-based Hearst has agreed to acquire the magazine and book businesses of Rodale, the US-based family-owned publisher of magazines including Women's Health, Men's Health.
The transaction is expected to close in early 2018, following receipt of necessary government approvals. Terms were not disclosed. Upon completion of the acquisition, Rodale’s multi-platform content business will be managed by Hearst Magazines, a unit of Hearst with more than 300 editions and websites around the world, including 20 titles in the US.