Postmedia Network, a subsidiary of Postmedia Network Canada Corp., has agreed to sell the Winnipeg Sun, The Graphic Leader and Kenora Miner & News to Manitoba-owned news media company, The Klein Group. The deal is scheduled to close on or about June 1.

Andrew MacLeod, president and CEO of Postmedia, says, “We are pleased to have reached an agreement with a local group that will continue Postmedia’s long tradition of providing trusted and valuable journalism in these important markets.

“Our teams in Winnipeg, Portage and Kenora produce quality work that is critically important to their communities, and we’re thrilled that will continue under the new ownership group. Each paper’s local team will continue to be supported by the voices and opinions from Postmedia that Canadians rely on for information, diverse perspectives, and unique insights into national and international developments.”

Employees at each of the newspapers are expected to continue in their role, with no job losses anticipated. Non-unionized employees will be offered their same job with the Klein Group. Unionized employees will retain their current terms as presently contracted. Included in the transaction is Postmedia’s Winnipeg Press Commercial Print division, all associated digital properties, contracts and other related parts of the businesses.

Kevin Klein, president and CEO of the Klein Group, says, “In an age where information is abundant and easily accessible, the role of local journalism is more crucial today than ever before. We are honoured to take ownership of these local newspapers and are dedicated to preserving their legacy of providing trusted, community-focused news. Our continued relationship with Postmedia will ensure that our readers benefit from both local insights and national perspectives, reaffirming our commitment to delivering comprehensive and relevant news coverage.”

Klein Group provides local news across multiple platforms, including print, online, and mobile. Additionally, through partnerships with leading businesses, the Klein Group offers a full suite of tools to businesses across Manitoba including content, targeted reach and innovative marketing solutions.