Bonhill reported a maiden profit in the nine months to December 2018 and results ahead of expectations driven by a record performance from InvestmentNews. The company is now seeking to acquire Last Word Media, a highly complementary UKbased B2B media businessserving the global asset management industry, for initial consideration of £8.0m (cash & shares). To fund the acquisition, the group is raising £10.0m (gross) via a placing of new shares at 84p per share. Pro-forma forecas
25 Mar 2019
Proposed acquisition of Last Word Media
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Proposed acquisition of Last Word Media
- Published:
25 Mar 2019 -
Author:
Rachel May -
Pages:
24
Bonhill reported a maiden profit in the nine months to December 2018 and results ahead of expectations driven by a record performance from InvestmentNews. The company is now seeking to acquire Last Word Media, a highly complementary UKbased B2B media businessserving the global asset management industry, for initial consideration of £8.0m (cash & shares). To fund the acquisition, the group is raising £10.0m (gross) via a placing of new shares at 84p per share. Pro-forma forecas