Ascential to go for London listing

People Also Read Media company and i2i Events owner, Ascential has announced plans for a listing on the London stock market. Analysts estimate such a move would value the company, formed from the ashes of Emap, at £800m. Ascential has reduced its debt burden that was put at around £700m when it was acquired by Apax and Guardian Media Group in 2008 for £1bn, to around £410m today. And an initial public offering (IPO) could see that debt cut in half. The company changed Read more [...]

Cannes Lions set to for IPO : $290 million likely to be raised

The parent company of the Cannes Lions International Festival of Creativity has confirmed its intention to do an initial public offering on the London Stock Exchange. Ascential, owned by private equity group Apax and the U.K.'s Guardian Media Group, is an events and business information company. Its most important business is the Cannes Lions festival. The Cannes Lions festival, revealed the American magazine AdAge,  has been reassuring the ad world  that the proposed move from a private company Read more [...]

Business publisher Ascential plans stock market flotation

PUBLISHED: January 14, 2016 3:30 pm Business publisher and events group Ascential has confirmed plans to list on the stock market in a move that could reportedly value it at more than £800 million. Flotation could value Ascential at £800 million The firm, which recently changed its name from Top Right, plans to raise £200 million from its initial public offering, which it would use to pay down debt.Ascential is owned by private equity group Apax Read more [...]

Carnival Company Sued After Failing To Show At Several Events

ST. PAUL, Minn. (WCCO) — A longtime carnival operator in the Twin Cities is being sued for not making good on his contracts with a number of Minnesota county fairs and town carnivals. On Wednesday, Minnesota’s attorney general filed a fraud and deceptive trade practices suit against Minnesota’s Magic Midway, which is based in Ramsey. The suit claims that its owner, Edwin “Skip” Reinke, took down payment money from at least seven area fairs and carnivals but never showed up for Read more [...]

Little ‘uns no match for big guns from Dubai – Racinguk.com

Laura King Little ‘uns no match for big guns from Dubai 13 January 2016 Columnist Laura King was on the mark last week with 3-1 chance Le Bernardin and followed up with One Man Band, who was sent off at 4-5. Meydan hosts a super card on Thursday, with some useful three-year-olds on show in the two Classic Trials in addition to two competitive Listed events. Although we didn’t see much of it during last week’s opening meeting, one of the Carnival’s Read more [...]

Little ‘uns no match for big guns from Dubai – Racinguk.com

Laura King Little ‘uns no match for big guns from Dubai 13 January 2016 Columnist Laura King was on the mark last week with 3-1 chance Le Bernardin and followed up with One Man Band, who was sent off at 4-5. Meydan hosts a super card on Thursday, with some useful three-year-olds on show in the two Classic Trials in addition to two competitive Listed events. Although we didn’t see much of it during last week’s opening meeting, one of the Carnival’s Read more [...]

English national anthem: MPs to debate whether England should stop singing God …

MPs are to debate whether God Save the Queen should be replaced by a new English national anthem at sporting events. God Save the Queen, the UK’s national anthem, is usually used to represent English teams and athletes during competitions. But Chesterfield MP Toby Perkins thinks England deserves its own anthem, with the Bill he proposed due to be debated in Parliament. Alternatives to God Save the Queen, which some have described as a "dirge", include the song Jerusalem, which Read more [...]