Barclays sells Buch & Kunst

UK buyout shop Barclays Private Equity has agreed to sell Buch & Kunst Group, a Dresden-based operator of 44 bookstores, to the Thalia book retailing group, according to Dow Jones. Buch & Kunst had expected to post sales of more than 50 million Euros ($78.8 million) in 2006. It is among the five largest booksellers in the country.