Rothermere bows to investor pressure, lifts bid for DMGT
2nd Dec 2021 07:45
(Sharecast News) - The Rothermere family on Thursday bowed to investor pressure and increased the cash element of its buyout bid for the company that publishes the right-wing Daily Mail newspaper.
Read moreDMGT swings to FY statutory pre-tax loss
18th Nov 2021 10:02
(Sharecast News) - Publisher Daily Mail and General Trust warned on Thursday that increased pressure on advertising at commuter-focused paper Metro and a lack of corporate events had weighed on both sales and profits in the twelve months ended 30 September.
Read moreDaily Mail publisher under pressure to up bid for DMGT
15th Nov 2021 11:56
(Sharecast News) - The publisher of the Daily Mail has come under pressure to increase its £850m bid to take the company private as investors called the offer "opportunistic".
Read moreSunday newspaper round-up: IAG, The Hut Group, Nvidia
14th Nov 2021 17:10
(Sharecast News) - A cash call would be the quickest way for IAG to tackle its €12.3bn of debt and begin paying a dividend again, HSBC aviation analyst Andrew Lobbenberg said. If not, then the carrier would have to resort to its cash flows. Any decision on a rights issue would likely be taken by the company's new bos, Nicholas Cadbury, when he started early the following year. Lobbenberg had already said in September that plans to raise cash for IAG might follow positive news such as the reopening of travel to the US. - Financial Mail on Sunday
Read moreRothermere family agrees to take DMGT private
3rd Nov 2021 14:46
(Sharecast News) - Founder and controlling shareholder the Rothermere family has agreed to take Daily Mail publisher DMGT private for 1,263p a share.
Read moreDMGT close to agreeing £400m pensions deal
2nd Nov 2021 09:21
(Sharecast News) - The Daily Mail and General Trust edged closer to going private on Tuesday, after it confirmed it was near to agreeing terms with its three pension schemes.
Read moreDMGT takeover deadline extended
30th Sep 2021 12:44
(Sharecast News) - Lord Rothermere has been given until the end of October to make a £810m bid for the Daily Mail and General Trust after the Takeover Panel agreed a second extension.
Read moreDMGT to sell insurance risk business to Moody's for £1.4bn
5th Aug 2021 14:31
(Sharecast News) - Daily Mail publisher DMGT has agreed to sell its insurance risk business, RMS, to US credit ratings firm Moody's, for around £1.4bn in cash.
Read moreTrading 'as expected' at DMGT
22nd Jul 2021 11:29
(Sharecast News) - Daily Mail and General Trust said on Thursday that it was trading in line with expectations, as revenues recovered from a difficult 2020.
Read moreRothermere mulls taking DMGT private in £810m deal
12th Jul 2021 11:41
(Sharecast News) - Daily Mail and General Trust's largest shareholder is considering taking the media group private in a potential £810m deal, it was announced on Monday.
Read moreDMGT edges up dividend after H1 profit drop
27th May 2021 08:14
(Sharecast News) - Daily Mail and General Trust nudged up its interim dividend after a 20% drop in first-half profit caused mainly by the pandemic's effect on its events business.
Read moreMonday broker round-up
12th Apr 2021 13:21
(Sharecast News) - Lloyds Banking Group: Deutsche Bank upgrades to buy with a target price of 50p.
Read moreOnline car seller Cazoo set for $7bn Wall Street listing
29th Mar 2021 08:47
(Sharecast News) - UK online car retailer Cazoo is set to make its stock exchange debut in New York with a $7bn (£5bn) valuation.
Read moreDaily Mail owner buys New Scientist magazine for £70m
3rd Mar 2021 09:02
(Sharecast News) - The publisher of the Daily Mail said it had bought the weekly science and technology magazine New Scientist for £70m in cash.
Read moreThursday broker round-up
11th Feb 2021 14:18
(Sharecast News) - JD Wetherspoons: Peel Hunt downgrades to reduce with a target price of 1,150p.
Read more