Director dealings: Ascential CEO offloads shares
1st Nov 2023 15:05
(Sharecast News) - Ascential revealed on Wednesday that chief executive Duncan Painter had disposed of 80,610 ordinary shares in the FTSE 250-listed business-to-business media firm.
Read moreLondon close: Stocks higher after flurry of corporate updates
30th Oct 2023 16:00
(Sharecast News) - London's financial markets showed resilience on Monday, finishing with gains as investors assessed corporate results and awaited significant central bank policy updates.
Read moreAscential to sell digital commerce business, WGSN for £1.4bn
30th Oct 2023 07:17
(Sharecast News) - Ascential said on Monday that it has agreed to sell its digital commerce business and its product design business, WGSN, for a combined £1.4bn.
Read moreLondon close: Stocks finish in the red after raft of global data
4th Oct 2023 16:33
(Sharecast News) - London stocks retreated on Wednesday, reversing earlier gains as investors contended with suboptimal data from the UK services sector and the US jobs market.
Read moreConsortium tables offer for Ascential's events arm - report
4th Oct 2023 12:43
(Sharecast News) - A consortium of strategic and financial investors has reportedly approached Ascential with a bid to take over its Cannes Lions and other events operations.
Read moreLondon close: Stocks finish firmer after upward revision to UK GDP
29th Sep 2023 16:15
(Sharecast News) - Stocks in London ended the week on an optimistic note as investors took time to assess many indicators, including encouraging news regarding the UK's economic growth.
Read moreApax in exclusive talks to buy WGSN from Ascential - report
29th Sep 2023 08:11
(Sharecast News) - Ascential shares shot higher on Friday morning following a report that a major buyout firm is in talks to buy its consumer data business, WGSN.
Read moreAscential swings to small first-half operating profit
22nd Sep 2023 09:37
(Sharecast News) - Information, analytics and e-commerce company Ascential reported a positive trajectory in first-half revenue growth on Friday, as well as a strategic positioning to bolster its long-term success.
Read moreThree bidders abandon auction for Ascential consumer data arm - report
20th Jul 2023 12:12
(Sharecast News) - Ascential slumped on Thursday following a report that three major bidders for its consumer data arm have walked away from the auction.
Read moreEx-Daily Mail CEO tapped to work on bid for Ascential unit
16th May 2023 15:10
(Sharecast News) - Former Daily Mail & General Trust chief executive officer Paul Zwillenberg has been approached to advise private equity firm BC Partners in a possible bid for Ascential's consumer data unit WGSN, it was reported on Tuesday.
Read moreRevenues surge at Ascential
30th Mar 2023 07:05
(Sharecast News) - Ascential reported record revenues on Thursday, as it pushed ahead with plans to break up the business, but saw losses widen as costs mounted.
Read moreHyve suitor Providence weighing bid for Ascential events arm
3rd Mar 2023 13:48
(Sharecast News) - Buyout firm Providence Equity Partners is reportedly hatching plans to bid for the events arm of Ascential as it looks to bolt it together with rival Hyve, for which it has made a £306m takeover approach.
Read moreAscential to sell consumer trends unit - report
15th Feb 2023 11:41
(Sharecast News) - Ascential shares spiked higher on Wednesday following a report that the data and analytics company, which is undergoing a major restructuring, has hired JPMorgan Chase & Co. for a sale of its consumer trend-spotting business.
Read moreAscential FY seen ahead of market views; to separate digital assets
25th Jan 2023 07:54
(Sharecast News) - Ascential said on Wednesday that full-year revenues and adjusted EBITDA were set to be ahead of market expectations, as it announced the separation of its digital assets.
Read moreSunday newspaper round-up: British Steel, Takeovers, Credit Suisse
2nd Oct 2022 16:23
(Sharecast News) - Jingye Group, the Chinese outfit that brought British Steel out of insolvency in 2020, has told ministers that its two blast furnaces would not be viable unless financial support from taxpayers was forthcoming. In remarks to Sky News, insiders said the company may need "hundreds of millions of pounds" in order to keep the company's blast furnaces in Scunthorpe, north Lincolnshire, operational. It remained nevertheless unclear whether the rescue package would take the form of a grant or loan. - Sunday Telegraph
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