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Articles tagged "Bonhill Group PLC"


Publish date

John French delivered the news this morning to cut staff.
June 27, 2023 at 10:19 PM

Mike Shipley has the "goal of being the largest independent B2B information provider globally."

InvestmentNews gets booted to another overseas owner with scant financial publishing roots but Key Media's past 20 years are rooted in success, only paid $4.1 million and may find ample fat to cut

The original March deal was worth about $8.4 million including the removal of a $1.9-million lease obligation but IN owner walks away now with just $4.1 million and an unspecified lease obligation

May 25, 2023 at 2:55 AM

A prospective buyer's willingness to accept a lease obligation in Manhattan might be the deal clincher

InvestmentNews fortunes sink after buyer 'materially lowers' its $6.5-million bid, but new mystery buyer steps up with $4.1-million offer, including hefty lease deal, Bonhill says

The London, UK owner decribes the buyer as a U.S. media company proposing an all-cash deal that will assume a $1.9-million lease obligation in Manhattan

March 28, 2023 at 1:40 AM

Patrick Ponsford: [The] UK deal is a bit further on than the US, but both should complete early in the New Year.

InvestmentNews owner accepts $8 million deal for non-IN assets overseas and will (likely) name buyer for the New York City trade pub after Christmas

The ex-Crain publication will likely begin the third chapter of its existence in the New Year, while Bonhill faces an uncertain future.

December 21, 2022 at 3:17 AM

Headwinds and a rocking boat in late 2022 force RIA players to seek their balance.

Biz Briefs: Envestnet's sweet terms net $575 million after seeking $350 million ~ Ron Rhoades fights for right to write by tweet ~ InvestmentNews is packaged for sale ~ Chuck Schwab pays for red wave

Bill Crager is pulling out the stops and purse strings; Western Kentucky isn't all basketball; Charles 'Chuck' Schwab plunks more cash on GOP, and Sallie Krawcheck stumps for the Dems.

November 19, 2022 at 1:44 AM

Patrick Ponsford:  A UK media business buying a big legacy US asset was a huge gamble and one that didn’t pay off.

InvestmentNews is again for sale as 'huge gamble' bleeds more cash in 2022 than owners projected and doesn't 'pay off,' exec says

The New York City newsweekly was acquired by Bonhill for $27 million; now the market cap of the whole company is $5 million to 6 million after a rough transition from Crain

October 20, 2022 at 2:11 AM

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