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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Swedish political party to buy paper

Sweden's ruling political party is set to buy a newspaper during the deal between its current Norwegian owner, Orkla, and David Montgomery's Mecom investment outfit. The Social Democrats plan to purchase the majority stake in the most-read Swedish regional newspaper north of Uppsala, Norrländska Socialdemokraten, leaving Mecom with 49% of the paper. According to a Norwegian journalist, Kristine Lowe, the Orkla group is going to prove a troublesome child for Montgomery. (Via The Local - Sweden's news in English)

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