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IN BRIEF: Rothermere plans compulsory purchase of rest of Daily Mail

Fri, 07th Jan 2022 13:06

Daily Mail & General Trust PLC - London-based newspaper publisher, including Daily Mail, Metro and i - Rothermere Continuation Ltd says Friday it owns or has acceptances for its takeover offer for 97.7% of DMGT shares. With more than 90% acceptances, Rothermere now intends to pursue compulsory acquisition of the remaining shares, which will be on the same terms as is final takeover offer. Rothermere Continuation is the vehicle of DMGT's biggest shareholder Jonathan Harmsworth, Viscount Rothermere.

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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23 Jul 2020 07:54

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23 Jul 2020 07:18

Daily Mail publisher's nine-month op profit falls 44%

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22 Jul 2020 11:22

DMGT Reports Postponement Of ADIPEC Event To November 2021

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22 Jun 2020 15:42

Director dealings: DMGT chairman lowers stake

(Sharecast News) - Daily Mail And General Trust revealed on Monday that chairman Lord Rothermere had offloaded 50,364 ordinary shares in the London-listed media and events company.

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19 Jun 2020 16:06

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2 Jun 2020 14:15

Tuesday broker round-up

(Sharecast News) - TUI: Berenberg downgrades to sell with a target price of 350p.

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