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Ascential/WGSN: final unpicking of Emap’s baggy garment

Financial Times LogoFinancial Times3d ago

Ascential/WGSN: final unpicking of Emap’s baggy garment - Financial Times

Quick Summary:

UK-listed Ascential, a descendent of nineties media conglomerate Emap, is breaking itself up.

Valuing the unit in line with digital marketing agency S4C at 12 times ebitda suggests a price of £500mn.

Chief executive Duncan Painter then aims to list the digital commerce division.


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Article Details

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-25 @ 15:04:11 (3 days ago)

News Timezone: GMT -5:00

Ranking: #154 (out of 5205 stories this day)

News Source URL: ft.com

Language: English

Article Length: 466 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 4780142

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About Financial Times

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Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 8 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 20 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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