Future acquires Dennis for about £300m | 16 August 2021
Future acquires Dennis for about £300m
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Future acquires Dennis for about £300m
Future Plc (FUTR.L) is set to buy the owner of "The Week" and "Moneyweek" for 300 million pounds ($415.4 million), giving the British media company a new source of subscription revenue and a stronger foothold in the United States.
BHP mulls merging its oil business with Australia’s Woodside, Ultra Electronics accepts a £2.6 billion takeover from Cobham, Lloyds Banking Group’s new chief executive takes over today, and Future shares hit a new high as it grows its portfolio of titles with a £300 million deal.
Future has established itself as a new publishing juggernaut with the $415m acquisition of Dennis Publishing from Exponent Private Equity.
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