Guardian Media Group and its private equity partners heading for £100m payday by floating Ascential (EMAP)

AscentialThe business, which owns a raft of business titles including Retail Week and Health Service Journal as well as the Cannes Lions advertising festival, will float on Tuesday for up to £840 million. GMG and Apax will sell up to 20 per cent of their stake with shares priced at between 200p to 210p each.

For the full story read The Daily Mail