DMGT completes Evanta deal
Daily Mail and General Trust (DMGT) said it had completed the sale of its leadership and conferences business Evanta to Leeds Equity Partners.
Daily Mail and General Trust (DMGT) said it had completed the sale of its leadership and conferences business Evanta to Leeds Equity Partners.
The publishing and exhibitions group said the deal, announced in September, was worth £58m ($94m).
When the deal was announced, DMGT Chief Executive Martin Morgan said the sale of Evanta was an example of how the firm was focusing its financial and talent resources.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
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
"We are committed to further expanding our fast growing events businesses operating in the energy and digital marketing sectors and those located in the Middle East region," he said at the time.
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Ofgem proposes new energy tariffs with low or no standing changes
Standing charges have invited public backlash as households battle high energy bills
By Katie Williams Published
-
Google shares bounce on Gemini 2.0 launch
Google has launched the latest version of its Gemini AI platform, and markets have responded positively. Is it time to buy Google shares?
By Dan McEvoy Published