
Centaur Media sells Home Interest division7th July 2017 | published by EW SHARE
Specialist media and events company Future has announced, 7 July, the proposed acquisition of the Home Interest division of Centaur Media plc for a cash transaction of £32m (US$41.7m).
Future said it would conduct a placing to raise £22m to part-fund the acquisition through the issue of 8,800,000 new ordinary shares at 250 pence per share.
The sale of the Home Interest division by Centaur Media is conditional upon shareholder approval.
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