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BRIEF-Reed sells majority stake in Reed Construction Data to Warburg Pincus
July 21, 2014 / 6:40 AM / 3 years ago

BRIEF-Reed sells majority stake in Reed Construction Data to Warburg Pincus

July 21 (Reuters) - Reed Elsevier Plc

* Reed Business Information (RBI) today announced sale of a 51 percent stake in Reed Construction Data (RCD) to Warburg Pincus

* Rsmeans will separate from RCD and fully merge with Gordian group

* Reed business information today announced sale of 100 percent of Rsmeans to Gordian Group, a portfolio company of Warburg Pincus Source text for Eikon: [bit.ly/UlMZSm] Further company coverage:

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