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Top related persons:
Nick Hugh - 2 EBITDA - 2 Barclay - 2 Sir Frederick Barclay - 2 David - 2 TMG - 2 AlixPartners - 2 Italy’s Agnelli - 2
Top related locs:
Bermuda Birmingham Britain
Top related orgs:
Sunday Telegraph - 2 Conservative Party - 2 Britain’s Telegraph Media - 2 Spectator - 2 Lloyds Banking Group - 2 Lloyds - 2 Daily - 2 Nikkei - 2

Search resuls for: "Economist Group"


4 mentions found


☆ Telegraph’s $750 million price implies vanity contest
  + stars: | 2023-06-08 | by ( Pamela Barbaglia | ) www.reuters.com   time to read: +4 min
That’s the only way to explain a possible 600 million pound ($748 million) price tag for the Britain’s Telegraph Media Group (TMG). EBITDA hit 40 million pounds, up 5%, based on UK filings, while borrowings were minimal. Lloyds reckons the price tag could be as high as 600 million pounds, according to media reports. On that basis, TMG’s value including debt would be just over 100 million pounds. Japanese media group Nikkei bought the Financial Times in 2015 for 2.5 times the previous year’s revenue.
Persons: Liz Truss, Hannah McKay, Nick Hugh, EBITDA, Barclay, Sir Frederick Barclay, David, TMG, AlixPartners, Italy’s Agnelli, B.UK, Liam Proud, Oliver Taslic Organizations: Sunday Telegraph, British, Conservative Party, REUTERS, Reuters, Britain’s Telegraph Media, Spectator, Lloyds Banking Group, Lloyds, Daily, Nikkei, Financial Times, Economist Group, Telegraph Media, Telegraph, Sky News, Thomson Locations: Birmingham, Britain, Bermuda
☆ Telegraph’s $750 mln price implies vanity contest
  + stars: | 2023-06-08 | by ( Pamela Barbaglia | ) www.reuters.com   time to read: +3 min
That’s the only way to explain a possible 600 million pound ($748 million) price tag for the Britain’s Telegraph Media Group (TMG). EBITDA hit 40 million pounds, up 5%, based on UK filings, while borrowings were minimal. Lloyds reckons the price tag could be as high as 600 million pounds, according to media reports. Japanese media group Nikkei bought the Financial Times in 2015 for 2.5 times the previous year’s revenue. Follow @pamela_msg on TwitterCONTEXT NEWSReceivers chosen by Lloyds Banking Group could put the Telegraph Media Group up for sale after its Bermuda-based parent company B.UK failed to repay bank loans.
Persons: Nick Hugh, EBITDA, Barclay, Sir Frederick Barclay, David, TMG, AlixPartners, Italy’s Agnelli, B.UK, Liam Proud, Oliver Taslic Organizations: Reuters, Britain’s Telegraph Media, Sunday Telegraph, Spectator, Lloyds Banking Group, Lloyds, Daily, Nikkei, Financial Times, Economist Group, Conservative Party, Telegraph Media, Telegraph, Sky News, Thomson Locations: Bermuda
☆ The G-20 summit kicks off Tuesday. Here's what to expect.
  + stars: | 2022-11-14 | by ( Jihye Lee | ) www.cnbc.com   time to read: +5 min
Indonesian Finance Minister Sri Mulyani (C front) attends the G20 Finance Ministers Meeting in Nusa Dua, on Indonesia's resort island of Bali, on July 16, 2022. Nineteen countries and one economic region, the European Union, will attend this year's two-day G-20 meeting. This year's in-person attendee list has been in the spotlight as Russian President Vladimir Putin continues his unprovoked war in Ukraine. U.S. President Joe Biden is also scheduled to hold a bilateral meeting with his Chinese counterpart Xi Jinping ahead of the G-20. He highlighted China's stance on the war in Ukraine as one of many signs of eroding relations between the U.S. and China.
☆ Carbon-accounting startup Planetly was shut down and all 200 staff laid off just a year after acquisition. Insiders say it's a bad omen for 2023.
  + stars: | 2022-11-08 | by ( Tasmin Lockwood | ) www.businessinsider.com   time to read: +5 min
European carbon accounting companies lured $670 million in venture capital last year, as investors banked on growing appetite from corporates to bolster their ESG credentials. The slowdown means 2023 will be the toughest year since the Lehman Brothers collapse for potential closures of acquired companies, the source said. Still, carbon accounting companies are struggling with commercial traction due to market saturation and little differentiation, he said. "But if you acquire a carbon accounting software solution, you are probably a large organisation that has established customer relationships and had conversations about this before. European industry sources added that they expect further consolidation in the carbon accounting space.
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