Cupid to buy Uniform Dating

Cupid, the internet-based dating operator, has conditionally agreed to acquire the entire issued share capital of NSI, which trades as Uniform Dating, a niche uniformed personnel dating business, which it believes will be immediately earnings enhancing.

Cupid, the internet-based dating operator, has conditionally agreed to acquire the entire issued share capital of NSI, which trades as Uniform Dating, a niche uniformed personnel dating business, which it believes will be immediately earnings enhancing.

The purchase will be made for a total consideration of up to £7.0m, which will be funded using the net proceeds of the placing and cash on the group's balance sheet.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.