Vitesse Media plc, the AIM quoted digital media and events business, is pleased to announce that it has conditionally agreed to acquire the trade and assets of InvestmentNews and a proposed conditional placing
Revenues for the six months ended July 2014 were ahead by 4% over the corresponding prior year period
Chairman’s comment: I am delighted to report an improving set of results for the interim period. The Company enjoyed an increase in turnover to just over £1m, while significantly reducing the loss for the same period last year.
What Investment, What Investment Trust magazines, associated websites – sold by Charterhouse Communications plc to Vitesse Media plc – Two specialist subscription based consumer magazine titles. Deal value undisclosed. Media Mergers brokered the deal on behalf of Charterhouse Communications.
