Independent News & Media looks to sell Irish Daily Star

Independent News and Media is considering selling its 50 per cent stake in the Irish Daily Star, a move that could raise about £12.5m.

According to the Mail on Sunday, INM told potential buyers last week that it would listen to offers for the 105,000-circulation tabloid and its Sunday sister title.

The company has until 24 July to raise enough cash to pay back a £170m bond with interest.

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