Future has announced a proposal to acquire 5 brands from Haymarket. The acquisition needs to go through some technical phases (including staff consultation) before expected completion in early May. At this point the Company is indicating a consideration value of up to £14m (using a mix of cash and shares) for the titles which generated £12m in the 12 months to June 2017. The most notable brand is “What Hifi?”. Acquiring this will extend the existing leading position and substantial strength in t ....
21 Mar 2018
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Future plc (FUTR:LON) | 613 0 0.0% | Mkt Cap: 706.2m
- Published:
21 Mar 2018 -
Author:
Johnathan Barrett -
Pages:
3
Future has announced a proposal to acquire 5 brands from Haymarket. The acquisition needs to go through some technical phases (including staff consultation) before expected completion in early May. At this point the Company is indicating a consideration value of up to £14m (using a mix of cash and shares) for the titles which generated £12m in the 12 months to June 2017. The most notable brand is “What Hifi?”. Acquiring this will extend the existing leading position and substantial strength in t ....