British newspaper group Trinity Mirror said today it planned to sell the Racing Postand a number of English regional titles.
The move will enable the group to better focus on its remaining national newspaper titles, such as the Dailyand Sunday Mirror, its digital operations and key regional titles in Scotland, northern England and Wales.
While conducting the strategic review, which began in the summer, the company said it rejected a takeover approach for its national newspapers.
The review also found that the separation of the regional and national businesses would adversely impact shareholder value.
It has opted to rationalise its portfolio of titles and improve the performance of the remaining businesses through investment in technology.
The review also concluded that the sports division, principally the Racing Post, had minimal overlap in terms of readership, advertising base or editorial content with the group's other titles.