The Small Company Sharewatch
Issue
November 2019
Updates
Future - TI Media acquisition adds 90% to sales
At a time when its business is still assimilating its earlier deals, Future has pulled off its most audacious acquisition to date. It is buying TI Media, a UK-based, print-led consumer magazine and digital publisher, for £140m. To fund the cash element the company has placed 8.1m new shares at 1275p and is taking on £45m new debt (ne... ...