BBC says no deal done yet for Lonely Planet

The BBC has denied "a deal has been done" to sell a majority stake in Lonely Planet, after a report said it was on the cusp of being sold to an American landowner. It said it was continuing to explore "strategic options" for the travel publisher.

Skift.com has reported that the majority stake in Lonely Planet is to be sold to reclusive billionaire Brad Kelley from Kentucky, US, in a deal which was scheduled to be announced next week.