Ascential (ASCL)

Sector:

Media

Index:

FTSE 250

314.40p
   
  • Change Today:
      3.20p
  • 52 Week High: 317.40
  • 52 Week Low: 188.30
  • Currency: UK Pounds
  • Shares Issued: 445.79m
  • Volume: 1,699,026
  • Market Cap: £1,401.58m
  • RiskGrade: 204
  • Beta: 0.01

Apax in exclusive talks to buy WGSN from Ascential - report

By Michele Maatouk

Date: Friday 29 Sep 2023

LONDON (ShareCast) - (Sharecast News) - Ascential shares shot higher on Friday morning following a report that a major buyout firm is in talks to buy its consumer data business, WGSN.
According to Sky News, Apax Partners has entered exclusive negotiations to buy WGSN from Ascential, which also owns the events organiser behind the Cannes Lions advertising festival.

City sources told Sky on Thursday that the discussions between Apax and Ascential were now at an advanced stage, with an agreement expected to be reached within a fortnight.

The price that Apax is expected to pay for the business is unclear, although market insiders said it was likely to be substantially below the £700m mooted earlier this year, Sky said.

At 0810 BST, the shares were up 5.2% at 208.10p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Ascential Market Data

Currency UK Pounds
Share Price 314.40p
Change Today 3.20p
% Change 1.03 %
52 Week High 317.40
52 Week Low 188.30
Volume 1,699,026
Shares Issued 445.79m
Market Cap £1,401.58m
Beta 0.01
RiskGrade 204

Ascential Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
37.72% below the market average37.72% below the market average37.72% below the market average37.72% below the market average37.72% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
59.24% above the market average59.24% above the market average59.24% above the market average59.24% above the market average59.24% above the market average
57.45% above the sector average57.45% above the sector average57.45% above the sector average57.45% above the sector average57.45% above the sector average
Income
51.26% below the market average51.26% below the market average51.26% below the market average51.26% below the market average51.26% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Growth
95.88% below the market average95.88% below the market average95.88% below the market average95.88% below the market average95.88% below the market average
90.7% below the sector average90.7% below the sector average90.7% below the sector average90.7% below the sector average90.7% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 1
Sell 0
Strong Sell 0
Total 5
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Ascential Dividends

  Latest Previous
  Interim Final
Ex-Div 29-Aug-19 16-May-19
Paid 27-Sep-19 14-Jun-19
Amount 1.80p 3.90p

Trades for 02-May-2024

Time Volume / Share Price
16:37 157,932 @ 314.72p
16:37 157,932 @ 314.72p
16:35 448,171 @ 314.40p
16:35 2,527 @ 314.40p
16:35 5,243 @ 314.40p

Ascential Key Personnel

Chair Scott Forbes
CFO Mandy Gradden
CEO Philip Thomas

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