The Placing Shares represent, in aggregate, approximately 15 per cent of the Company’s issued ordinary share capital and constitute approximately 37.7 per cent of the Apax Sellers’ combined holdings in the Company and approximately 37.7 per cent of GMG’s holding in the Company
The publisher of the Guardian and a private equity firm have cashed in £200m of shares in business media firm Ascential
Private equity group’s return on the value of its investment in used-cars site is nearly five times
The private equity giant Blackstone is among a pack of investment firms weighing £1.2bn takeover bids for the media conglomerate which owns the Cannes Lions advertising festival
Bankers are preparing a £1bn stock market flotation for Top Right Group, the publishing and events company jointly owned by Apax Partners and Guardian Media Group
Investment bankers have been asked to come up with future options for Top Right Group, which could include a sale or flotation of the publisher
Media organisation Top Right Group – owned by The Guardian and private equity group Apax – has enforced cost-cutting measures.
The UK’s biggest website for second-hand car sales had set the price for its initial public offering at 235p-per-share, giving it a market value of £2.35bn
Private equity owners Apax snub a takeover approach from Hellman & Friedman to pursue a stock market listing of the UK’s biggest online marketplace for new and used cars
Guardian, Observer and theguardian.com publisher to invest sale proceeds, thought to be £600m to £700m, in core business
Guardian Media Group, the publisher of the Guardian, has sold its stake in Trader Media Group to Apax Partners for around £600m to bankroll its loss-making newspapers and website
Incisive Media co-founders Nick Rapley and James Hanbury are leaving the company as part of a management shakeup expected to lead to a breakup or sale of the business
Private equity firm Apax is in talks with Guardian Media Group (GMG) about potentially buying the newspaper group’s stake in Trader Media Group, the publisher of Auto Trader, in a deal that could raise up to £600m
