Euromoney clears regulatory hurdles for £1.6bn takeover Euromoney takeover Financial publishing firm Euromoney Institutional Investor said on Friday it had cleared the regulatory and antitrust hurdles needed to complete its £1.6bn takeover by Becketts Bidco.
Euromoney agrees to £1.6bn takeover deal Takeover Bosses at financial publishing firm Euromoney announced that they had agreed to a £1.66bn takeover deal today from a consortium of investors led by Becketts Bidco today, setting in motion the likely breakup of the group.
Euromoney receives £1.6bn takeover offer from private equity firms Euromoney all-cash offer The board of Euromoney Institutional Investor PLC confirmed today that Astorg Asset Management S.àr.l and Epiris LLP (the Consortium) approached it with a possible all-cash offer of £1.6bn at £14.61 per share. This is the fifth time Euromoney has been approached by the two private equity firms, following possible all-cash offers of £11.75, £12.50, £13.10 and [...]
Euromoney snaps up networking platform Relationship Science in $7.4m deal May 24, 2021 Financial data firm Euromoney today said it has acquired networking platform Relationship Science in a deal worth $7.4m (£5.2m). The London-listed company said the bolt-on deal would add further scale to its growing people intelligence business and bring further value to clients. Relationship Science provides relationship-mapping services, giving users data on how two different businesses [...]
Euromoney Institutional Investor restores dividends as revenue dips May 20, 2021 B2B information provider Euromoney Institutional Investor saw subscriptions grow this year but took a hit to both its revenue and profits as social distancing foiled events. Revenue fell by 17 per cent to £155.5m from £186.3m last year, due to social distancing measures fumbling physical event plans, in the six months to 31 March. “The [...]
Euromoney revenues drop as pandemic damages events unit January 28, 2021 Financial information company Euromoney has suffered lower first quarter revenues as its events business was hit by lockdowns, the company revealed today. Euromoney’s quarterly revenue fell to £78.7m, a 20 per cent drop from the £99.2m reported a year earlier. Group events revenue of £8.6m was just 30 per cent of the same period last [...]
Carlyle Group and Euromoney buy Dealogic for $700m November 5, 2014 Complex things afoot in the world of financial analytics: Euromoney has announced it is acquiring a 15.5 per cent stake in a new company incorporated by US buyout firm Carlyle Group to buy Dealogic, the financial software company. This morning Dealogic put out a statement saying it was recommending a $700m (£440m) offer from [...]
Euromoney share price rises despite lower profit September 30, 2014 Shares in Euromoney rose 0.5 per cent to £10.30 this morning, as investors showed resilience to a £5m fall in year-on-year profits. In its pre-close trading update for the full year to 30 September, the online information and events group said most of the decline occurred during the second half and was the result [...]