Centaur Media PLC Appointment of advisers to assist with divestment (6891H)
November 19 2018 - 2:00AM
UK Regulatory
TIDMCAU
RNS Number : 6891H
Centaur Media PLC
19 November 2018
19 November 2018
Centaur Media Plc
("Centaur" or "the Group")
Appointment of advisers to assist with divestments
Centaur, an international provider of market intelligence and
specialist consultancy, announces that it has appointed Livingstone
Partners ("Livingstone") and Cavendish Corporate Finance
("Cavendish") as advisers to assist with its divestment
programme.
As announced in October, following a strategic review Centaur is
accelerating the simplification of the Group's structure to improve
operational execution and to focus attention on the leading brands
within its marketing division.
Livingstone has been appointed to advise on the potential sale
of The Lawyer, which operates a digital platform to provide
intelligence and analysis to the global legal market. Livingstone
is an international mid-market mergers & acquisitions adviser
with offices in Beijing, Chicago, Dusseldorf, London, Los Angeles,
Madrid and Stockholm. The firm has advised on more than 900
transactions and has a team dedicated to media and technology.
Cavendish will advise on the potential sales of Centaur's events
division, including the Business Travel Show, The Meetings Show,
Sub Con and Employee Benefits, and of its financial services
division, which includes Money Marketing, Mortgage Strategy,
Platforum, Taxbriefs and Headline Money. Cavendish is a leading
adviser to mid-market companies in the UK, advising exclusively on
sell-side M&A. It has advised on the sale of more than 600
companies since it was founded in 1988 and is a member of Oaklins,
the international mid-market adviser with offices in over 40
countries worldwide.
Andria Vidler, Chief Executive, said: "Centaur has made
substantial progress this year and these appointments will help us
to deliver on our strategy to create a more focused business with
good opportunities to grow its revenues and margins. We will work
with our advisers to explore divestment possibilities and ensure
that shareholder value is maximised."
Enquiries
Centaur Media 020 7940 4000
Andria Vidler, Chief Executive Officer
Swag Mukerji, Chief Financial Officer
Teneo 020 7420 3144
Paul Durman/Rosie Oddy/Rebecca Hislaire
Livingstone Partners 020 7484 4700
Patrick Groarke/Nick Field
Cavendish Corporate Finance 020 7908 6000
Linda Sullivan
Notes to Editors
Centaur
Centaur is an international provider of market intelligence and
specialist consultancy that inspires and enables people to excel at
what they do, raising the standard for insight, interaction and
impact.
Leading brands include: Econsultancy, Marketing Week, Festival
of Marketing, MarketMakers, Creative Review, Celebrity
Intelligence, Fashion & Beauty Monitor, Money Marketing,
Platforum, The Lawyer, Employee Benefits, The Engineer, Subcon,
Oystercatchers, the Business Travel Show and The Meetings Show.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
APPGCBDBSUBBGII
(END) Dow Jones Newswires
November 19, 2018 02:00 ET (07:00 GMT)
Centaur Media (AQSE:CAU.GB)
Historical Stock Chart
From May 2024 to Jun 2024
Centaur Media (AQSE:CAU.GB)
Historical Stock Chart
From Jun 2023 to Jun 2024