Trinity Mirror is to sell Berkshire Regional Newspapers for £10m to the Berkshire Media Group, a subsidiary of The Dunfermline Press.
The price of the London and the South East-based titles, which includes the Reading Chronicle, equates to the business’s revenues in 2006.
The group also publishes the Bracknell Midweek News, Bracknell News Extra, Newbury & Thatcham Chronicle, Reading Chronicle Midweek, Slough Windsor & Ascot Informer and Slough Windsor Eton Express.
Dumferline Press chief executive Deidre Romanes said: ‘This is a significant development for us, which will allow us to strengthen our offer to readers and advertisers alike. All our newspapers act as the voice of their communities – we will be listening and speaking to our new Berkshire readers.’
‘We are looking forward to building on the strengths of the titles we have acquired to make an even better impact in this enterprising part of the UK.”
Trinity Mirror sold of 25 titles in the south earlier this month to Northcliffe Media for £64m.
The company is due to sell other titles in Buckinghamshire, Hertfordshire and north Surrey as well its sports division and businesses in the Midlands.